Deal Snapshot
MEDICAL DEVICE MAKER COGENTIX MEDICAL AGREES TO USD 239M LABORIE MEDICAL TECHNOLOGIES BUYOUT
Tuesday 13 March 2018

US-based medical device company Cogentix Medical, Inc. (NASDAQ: CGNT) has entered into a definitive merger agreement, under which Canadian medical technology and consumables firm Laborie Medical Technologies will acquire all of the outstanding shares of Cogentix Medical for a total consideration of approximately USD 239m, the company said.
Under the terms of the definitive merger agreement, Laborie (through its wholly-owned subsidiaries LM US Parent, Inc. (Parent) and Camden Merger Sub, Inc. (Merger Sub) will commence a tender offer for all outstanding shares of Cogentix Medical common stock for USD 3.85 per share in cash.


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Details
Date Published: 13/03/2018
Target: Cogentix Medical, Inc
Country: USA
Deal Size: 239m (USD)
Sector: Healthcare
Type: Corporate acquisition
Financing: Cash
Status: Agreed
Vendor: Accelmed Growth Partners
Buyer: Laborie Medical Technologies
Comment:


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