Boston Scientific Corp.

NYSE:BSX   3:59:59 PM EDT
44.83
-0.04 (-0.09%)
Debt Financing / Related, Equity Investments

Boston Scientific Agrees To Acquire Devoro Medical

Published: 09/21/2021 12:08 GMT
Boston Scientific Corp. (BSX) - Boston Scientific Announces Agreement to Acquire Devoro Medical, Inc.boston Scientific Corp - Transaction Consists of an Upfront Payment of Approximately $269 Million for 84 Percent Stake Not Yet Owned.
Boston Scientific Corp - Transaction Consists of Payment of Up to $67 Million Upon Achievement of Certain Clinical and Regulatory Milestones.
Boston Scientific Corp - on an Adjusted Basis, Transaction is Expected to Be Slightly Dilutive to Earnings per Share (eps) in 2021.
Boston Scientific Corp - in 2022, Deal is Not Expected to Impact Adjusted EPS and Will Be Slightly Dilutive on a GAAP Basis.