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Stock Market & Financial Investment News

News Breaks
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.
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