New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 26, 2013
07:07 EDTHSICHenry Schein to acquire 60% interest in BioHorizons
Henry Schein announced plans to make a strategic investment in dental implant manufacturer BioHorizons, advancing the Company's goal of expanding its position in the dental specialty market. Henry Schein reached an agreement to acquire a 60% interest in BioHorizons, a U.S.-based manufacturer of advanced dental implants sold internationally. Under the agreement, BioHorizons, with revenue of approximately $115M, will continue to operate as an independent company. Financial terms of the proposed transaction were not disclosed. The transaction with BioHorizons involves a two-step process: A recapitalization through which Henry Schein will lend approximately $145M to BioHorizons to fund, among other uses, a distribution to shareholders, which will occur prior to closing, followed by the equity investment. Pending regulatory approval, Henry Schein expects to complete the transaction by the end of the year.
News For HSIC From The Last 14 Days
Check below for free stories on HSIC the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
There are no results for HSIC

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use