Boston Scientific to acquire majority stake in Acotec Scientific for $523M

Boston Scientific announced a partial offer to acquire up to 65% of Acotec Scientific Holdings Limited, a Chinese medical technology company, for approximately US$523 million. Acotec specializes in drug-coated balloons and other interventional products. The transaction is expected to close in the first half of 2023.

“Boston Scientific will make a partial offer to acquire a majority stake, up to a maximum of 65%, of shares of Acotec.”news.bostonscientific.com

• 1 source
• news.bostonscientific.comBoston Scientific Announces Strategic Investment to Acquire Majority Stake of Acotec Scientific Holdings LimitedDec 11, 2022

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