Advanced Medical Solutions (GB:AMS) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Advanced Medical Solutions Group plc (AMS) has announced the successful regulatory approval for its acquisition of Peters Surgical, set to complete on July 1, 2024. This strategic move will nearly double AMS’s surgical revenue, making it a global leader in tissue repair and wound closure, with expected high single-digit earnings accretion from FY25. The acquisition further solidifies AMS’s product portfolio, direct sales capabilities, and market reach.
For further insights into GB:AMS stock, check out TipRanks’ Stock Analysis page.