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Aug 6, 2021ACQUISITIONUnited States

Medtronic to acquire Intersect ENT for $1.1 billion

Medtronic plc will acquire all outstanding shares of Intersect ENT for $28.25 per share in an all-cash transaction, implying an enterprise value of approximately $1.1 billion.

Value

$1.10B

Status

Announced

ProductsPROPEL sinus implantsSINUVA sinus implants

CompaniesMedtronic plc acquirer Intersect ENT target

Sectors#Medical Devices

“This acquisition directly aligns with our commitment to delivering continuous innovation that helps ENT patients.”news.medtronic.com

1 source
news.medtronic.comMedtronic to Acquire Intersect ENT - Aug 6, 2021Aug 6, 2021

Summarized from public sources; check the original articles before acting on it.

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Medtronic to acquire Intersect ENT for $1.1 billion · Endata