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Steris (STE) has issued an update.
STERIS plc has successfully sold its Dental business to HuFriedy Group Holding LLC for $787.5 million, with the potential for an additional $12.5 million based on future revenue targets. The deal, which was finalized on May 31, 2024, will see the company using the proceeds primarily to reduce its debt.
Find detailed analytics on STE stock on TipRanks’ Stock Analysis page.