Aug 12, 2019ACQUISITIONQuebec City, Canada Stryker to acquire TSO3 for $68.4M enterprise value
Stryker, through a subsidiary, will acquire TSO3, a medical device sterilization technology company, for $0.43 per share in cash. The total enterprise value is approximately $68.4 million (US$51.7 million).
Productssterilization technology for medical devices
“TSO3's board of directors and management believe that this transaction provides the best liquidity opportunity for shareholders.”prnewswire.com
- 4 sources
- prnewswire.comTSO3 Inc. Enters into Agreement to be Acquired by Stryker CorporationTSO3 Inc.Aug 12, 2019
- medtechdive.comStryker acquires maker of device sterilization systems | MedTech DiveSusan KellyAug 13, 2019
- newswire.caTSO3 Inc. Shareholders Approve Plan of Arrangement with StrykerTSO3 Inc.Sep 23, 2019
- newswire.caTSO3 Inc. announces receipt of final Court approval for Plan of Arrangement with StrykerTSO3 Inc.Sep 26, 2019
Summarized from public sources; check the original articles before acting on it.