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News Breaks | | | | August 31, 2012 | | 10:31 EDT |  | OMI | Owens & Minor sees Movianto Group acquisition dilutive in 2012, neutral in 2013
Owens & Minor (OMI) announced that, effective August 31, it has completed the previously announced acquisition of the majority of the Movianto Group, a leading European healthcare third-party logistics business, from Celesio AG, for approximately EUR130M. The acquisition, which was funded by available cash, is expected to be dilutive to earnings per share in 2012, neutral in 2013 and accretive thereafter. | |
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