American Industrial Partners (“AIP”), an operationally-oriented industrials investor, announces the closing of the acquisition of Avanos Medical, Inc. (“Avanos” or the “Company”) by affiliates of investment funds advised by AIP in a transaction valued at approximately $1.272 billion. Under the terms of the merger agreement, Avanos stockholders will receive $25.00 per share in cash for each share of common stock they own. Avanos Medical, Inc. is a medical technology company focused on delivering clinically superior medical device solutions that will help patients get back to what matters.
Read the full article: American Industrial Partners Completes Acquisition of Avanos Medical, Inc. //
Source: https://www.prnewswire.com/news-releases/american-industrial-partners-completes-acquisition-of-avanos-medical-inc-302835264.html