TransMedics Announces Definitive Agreement To Invest In PAD Aviation To Develop Dedicated Organ Transplant Air And Ground Logistics Network In Europe; Terms Not Disclosed
TransMedics Group
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The proposed strategic investment is subject to the satisfaction of closing conditions specified in the definitive agreement between the parties (the "Agreement") as well as applicable regulatory conditions. TransMedics expects the transaction to close later in 2026 but can provide no assurance that the proposed transaction will be consummated. Financial terms are not being disclosed.
