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BRIEF-ResMed To Acquire MEDIFOX DAN

BY Reuters
— 2:08 AM ET 06/14/2022

June 14 (Reuters) - Resmed Inc (RMD):

* RESMED TO ACQUIRE MEDIFOX DAN, A GERMAN LEADER IN OUT-OF-HOSPITAL SOFTWARE SOLUTIONS

* SAYS PURCHASE PRICE OF APPROXIMATELY US$1 BILLION

* UPON CLOSING, ACQUISITION EXPECTED TO BE ACCRETIVE TO RESMED'S NON-GAAP DILUTED EARNINGS PER SHARE

* INTENDS TO RETAIN MEDIFOX DAN'S EMPLOYEES, MANAGEMENT STRUCTURE, LOCATIONS, AND BUSINESS PROCESSES

* SAYS RESMED EXPECTS TO FUND DEAL WITH ITS EXISTING CREDIT FACILITIES Source text for Eikon: Further company coverage:

Copyright © Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

More RMD News

  • ResMed to Acquire MEDIFOX DAN, a German Leader in Out-of-Hospital Software Solutions
    GlobeNewswire - 2:05 AM ET 06/14/2022
  • ResMed Announces Participation in the 43rd Annual Goldman Sachs Global Healthcare Conference
    GlobeNewswire - 9:00 AM ET 06/07/2022
  • Analyst Ratings for ResMed
    Benzinga - 11:22 AM ET 06/06/2022
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