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Stock impact report

Medline agrees to acquire Ecolab's surgical solutions business for $950m [Yahoo! Finance]

Ecolab Inc. (ECL) 
Last ecolab inc. earnings: 4/28 08:30 am Check Earnings Report
US:NYSE Investor Relations: investor.ecolab.com
Company Research Source: Yahoo! Finance
The transaction, subject to standard closing conditions and regulatory approvals, is anticipated to be finalised in the second half of 2024. This deal will provide Medline with sterile drape solutions for surgeons and Ecolab's fluid temperature management system. Medline president and chief operating officer Jim Pigott said: “We are pleased to have the opportunity to acquire a leading portfolio of operating room products with such a strong reputation for protecting patients and healthcare workers. “With our commercial capability and focus on operational excellence, we believe that Medline is best positioned to grow this critical business and provide enhanced services to support our customers. “This acquisition brings us proven innovation, expanded service offerings, and a shared legacy of highest quality products. As we embark on this exciting new chapter, we are committed to a seamless integration for both employees and customers.” The acquisition also encompasses Microtek Show less Read more
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