CONTENT PREVIEW
Security

Analogic set to delist after sale

27 April 2018

Analogic Corporation is to be acquired by an affiliate of Altaris Capital Partners for an estimated USD1.1 billion, pending regulatory and shareholder approval.

On completion of the deal - expected in mid-2018 - Analogic will be delisted from the NASDAQ and it will operate as a privately held company. The Massachusetts-based company employs about 1,500 staff worldwide.

George Aitken-Davies, co-founder and managing director said that Altaris looks forward to building on the “heritage and rich history” of Analogic’s advanced technologies in medical imaging and security screening.

Analogic announced a strategic review in June 2017. It launched a sale process in September that year and engaged Citi as its financial advisor.

See related article at: http://www.janesairport360.com/article/10078/connect-set-for-european-debut

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