Teleflex (NYSE: TFX) this week completed the previously announced acquisition of Palette Life Sciences. The Wayne, Pennsylvania-based company first announced the acquisition in July. Under the terms of the agreement, Teleflex bought Palette for an upfront cash payment of $600 million at closing, with additional consideration of up to $50 million upon the achievement of […]
Palette Life Sciences
Teleflex to acquire Palette Life Sciences to boost its urology portfolio
Teleflex announced today that it entered into a definitive agreement to acquire Palette Life Sciences. The deal to acquire the privately-held urology technology developer includes an upfront cash payment of $600 million at closing. It also includes up to an additional $50 million upon the achievement of certain commercial milestones. Wayne, Pennsylvania-based Teleflex said in […]