Deal Snapshot
Teleflex Closes Acquisition of Stapling Technology for Bariatric Surgery
Thursday 29 September 2022

US-based medical technologies provider Teleflex Inc. (NYSE: TFX) has closed the acquisition of Standard Bariatrics, Inc. which has commercialized a powered stapling technology for bariatric surgery, the company said.

Under the terms of the agreement, Teleflex acquired Standard Bariatrics for an upfront cash payment of USD 170m at closing, with additional consideration of up to USD 130m payable upon the achievement of certain commercial milestones.

Date Published: 29/09/2022