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Stock Market & Financial Investment News

News Breaks
June 30, 2014
19:13 EDTCOOCooper Companies to acquire Saulfon Pharmaceuticals for $1.2B
The Cooper Companies announced it has entered into definitive agreements to acquire Sauflon Pharmaceuticals, a European manufacturer and distributor of soft contact lenses and solutions, in a transaction valued at approximately $1.2B. Sauflon forecasts revenue of approximately $210M for FY14, up approximately 22% year-over-year. Excluding one-time charges and deal-related amortization, the transaction is expected to be accretive to EPS in FY15. The acquisition will be financed with off-shore cash and credit facilities.
News For COO From The Last 14 Days
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October 8, 2014
16:04 EDTCOOCooper Companies' women's healthcare unit acquires EndoSee for $44M
Cooper Companies' women's healthcare unit CooperSurgical has acquired EndoSee Corporation, a developer of an office-based disposable hysteroscopy system. The transaction is valued at approximately $44M and is expected to be neutral to FY15 EPS excluding one-time charges and deal-related amortization. The product has been cleared by the FDA and the company plans to launch it in the U.S. in the middle of FY15.

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