BRIEF-Novanta Inc. Announces Acquisition Of Riverpoint Medical

Novanta Inc

Novanta Inc

NOVT

0.00

June 9 (Reuters) - Novanta Inc NOVT.O:

  • NOVANTA INC. ANNOUNCES ACQUISITION OF RIVERPOINT MEDICAL

  • NOVANTA - DEAL VALUED AT $1.2 BILLION UPFRONT PLUS $250 MILLION MILESTONE PAYMENT IN Q1 2027

  • NOVANTA - DEAL IMMEDIATELY ACCRETIVE TO ADJUSTED GROSS AND EBITDA MARGINS, ADJUSTED DILUTED EPS, AND OPERATING CASH FLOWS

  • NOVANTA - DEAL TO BE FINANCED WITH CASH, CREDIT FACILITY, AND $300 MILLION EQUITY RAISE

  • NOVANTA INC - CONFIRMS ITS PREVIOUSLY ISSUED Q2 AND FULL YEAR 2026 FINANCIAL GUIDANCE FOR STANDALONE COMPANY

Source text: ID:nBw6Chwvla

Further company coverage: NOVT.O


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.