LivaNova ( (LIVN) ) has issued an announcement.
LivaNova PLC, through a merger with Sorin, has been involved in a civil action regarding environmental liabilities linked to SNIA, Sorin’s former parent company. On March 14, 2025, the Italian Supreme Court ruled that LivaNova could be held liable for certain liabilities but not for others previously approved by the Court of Appeal of Milan. As a result, LivaNova expects to record a liability of approximately €333 million for the first quarter of 2025, which it can cover with its existing resources.
More about LivaNova
YTD Price Performance: -15.88%
Average Trading Volume: 617,457
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $2.13B
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