Women's Health Weekly
Welcome to NewsRx!
Learn more about a six-week, no-risk free trial of Women's Health Weekly
We're a pay-per-view site for premium content. If you'd like to purchase this article, it's only $3.00.
Business Update
Equity firm reaches definitive agreement to sell ACMI to Gyrus Group
July 21st, 2005
Fox Paine & Co., LLC, a United States private equity firm based in the San Francisco, California, area, and ACMI Corp., a urology and gynecology endoscopy company controlled by Fox Paine, announced that the shareholders of ACMI entered into a definitive agreement to sell ACMI to Gyrus Group, PLC, a London, England-based international medical-device company for approximately $500 million, 88% in cash and 12% in Gyrus shares (representing a 9% stake in the company). Fox Paine will also receive the right to appoint one member to the Gyrus board of directors. The acquisition agreement is subject to customary terms and conditions, including regulatory...
Source: Women's Health Weekly (2005-07-21)
|
