Halma acquires MicroSurgical Technology for 59m dollars

Health and environmental technology group Halma has acquired MicroSurgical Technology (MST) for approximately 59m dollars.

Health and environmental technology group Halma has acquired MicroSurgical Technology (MST) for approximately 59m dollars.

The transaction comprised an initial cash consideration is $57.0m (£35.2m) for the share capital plus $2.0m (£1.2m) for cash retained in the business. The combined consideration is adjustable Dollar-for-Dollar if the level of working capital at closing falls outside an agreed range.

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