News

# Medical-supply companies Steris and Cantel in talks to join forces: sources

# Medical-supply companies Steris and Cantel in talks to join forces: sources

“#
Medical-supply companies Steris and Cantel in talks to join forces: sources
”

The coronavirus pandemic has been a mixed bag for the sterilization-products companies’ businesses

Steris PLC is in talks to combine with Cantel Medical Corp. , according to people familiar with the matter, in a deal that would bring together two big providers of sterilization products.

The companies are discussing a mostly stock deal that could be completed as soon as Tuesday, assuming talks don’t fall apart, the people said.

Cantel
CMD,
+2.64%
has a market value of around $3.5 billion, while Steris’s
STE,
-1.16%
is around $17.3 billion.

Dublin-based Steris, which has a U.S. presence in Mentor, Ohio, sells sterilization equipment, surgical tables, and other products and services used in hospitals and laboratories.

Little Falls, N.J.–based Cantel is similarly focused on sterilization, making items including disposable products used in endoscopy procedures, towels and bibs used in dental offices, and surgical masks.

An expanded version of this report appears at WSJ.com.

Trending at WSJ.com:

How TikTok and Discord became the new Wall Street trading desks

Companies are re-examining political contributions in wake of Capitol riot

By

If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.

For forums sites go to Forum.BuradaBiliyorum.Com

If you want to read more News articles, you can visit our News category.

Source

Related Articles

#Answering the call to end hunger and increase healthy eating and physical activity

#Answering the call to end hunger and increase healthy eating and physical activity

#Sarah makes a dramatic exit

#Sarah makes a dramatic exit

#Abortion doctors can’t be charged under Arizona law: court ruling

#Abortion doctors can’t be charged under Arizona law: court ruling

#Finland must apply for NATO membership, leaders say

#Finland must apply for NATO membership, leaders say

Leave a Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close

Please allow ads on our site

Please consider supporting us by disabling your ad blocker!