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January 6, 2014
05:16 EDTHSICHenry Schein to acquire five companies from Arseus, terms not disclosed
Henry Schein announced the signing of an agreement that will further strengthen its European dental and technology businesses. Under the agreement, the company will acquire 100% ownership of five businesses operating in three European countries from Arseus. Together, the dental practice management software company and the dental and lab distribution companies represent annual sales of approximately $97M. Henry Schein did not disclose financial terms of the transaction. Henry Schein expects the Arseus transaction to be dilutive to FY14 EPS by approximately 3c.
News For HSIC From The Last 14 Days
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October 29, 2014
08:52 EDTHSICHeska signs distribution agreement with Henry Schein Animal Health
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October 27, 2014
07:28 EDTHSICMedical Group Management Association to hold a conference
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October 21, 2014
07:02 EDTHSICHenry Schein to sell Abaxis veterinary products
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October 19, 2014
18:42 EDTHSICHenry Schein invests in Japan's Iwase Dental Supply
Henry Schein announced that it has invested in Iwase Dental Supply, a leading full-service provider of dental consumables, implants and equipment in Japan. The transaction marks Henry Schein's entrance into Japan, the world's 2nd largest dental market, and increases to 28 the number of countries in which the company operates. Iwase Dental Supply's existing shareholders, including the Iwase family, will continue to hold the remaining shares of the company. Henry Schein will not be consolidating Iwase's financial results. Financial and other terms of the transaction were not disclosed. The company expects the transaction to be neutral to its earnings per share in 2015.

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