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Steris divests UK linen management business for ₤50M

Jul. 01, 2016 7:23 AM ETSTERIS plc (STE) StockSTEBy: Douglas W. House, SA News Editor
  • In a regulatory filing, Steris plc (NYSE:STE) discloses that is has sold its UK Linen Management Services business to STAR Mayan Limited for ~₤50M. The unit is projected to generate ~₤40M in revenue in fiscal 2017. The company says it will continue to its business for opportunities to optimize its portfolio of products and services.

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