DENTSPLY Closes Astra Tech Buy
Leading dental products maker DENTSPLY International (NASDAQ:XRAY) has wrapped up its acquisition of Sweden-based Astra Tech, the dental implant division of multinational drug major AstraZeneca PLC (NYSE:AZN), for $1.8 billion in cash. This follows the recent regulatory clearance for the deal which was announced in June 2011. The company has financed the purchase with cash, [...]
Leading dental products maker DENTSPLY International (NASDAQ:XRAY) has wrapped up its acquisition of Sweden-based Astra Tech, the dental implant division of multinational drug major AstraZeneca PLC (NYSE:AZN), for $1.8 billion in cash. This follows the recent regulatory clearance for the deal which was announced in June 2011. The company has financed the purchase with cash, commercial paper and long-term debt.
Astra Tech, with annual sales of $535 million, is a leading provider of dental implants and … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards