Nordion to be acquired for $11.75/share


Private sterilization services firm Sterigenics is acquiring Nordion (NDZ) for $727M, or $11.75/share. The price represents a 13% premium to Nordion's Friday close of $10.41.

Sterigenics will pay for the deal using cash, equity and debt financing, and a portion of Nordion's cash on hand. The deal features a $12M termination fee, and is expected to close in 2H14.

Comments (1)
  • Brice Mckalip
    , contributor
    Comments (201) | Send Message
     
    Same firm that bought $VIFL, clearly rolling up several small players into a bigger and better package; I wonder who's next. Any ideas?
    28 Mar 2014, 05:26 PM Reply Like
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