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EU anti-trust regulators OK $5.6B Dentsply-Sirona merger

February 25, 2016 By Fink Densford Leave a Comment

Dentsply International (NSDQ:XRAY) and Sirona Dental Systems (NSDQ:SIRO) won conditional EU approval for their $5.6 billion merger today after agreeing to extend licensing agreements between Sirona and key suppliers. York, Penn.-based Dentsply also agreed to technical and legal safeguards for rival block suppliers and a fast track arbitration process to resolve disputes. “The decision is conditional in particular […]

Filed Under: Business/Financial News, Dental, Mergers & Acquisitions Tagged With: Dentsply Sirona, Sirona

Dentsply, Sirona shareholders clear $5.56B merger

January 12, 2016 By Fink Densford Leave a Comment

Dentsply International (NSDQ:XRAY) and Sirona Dental Systems (NSDQ:SIRO) said yesterday their shareholders “overwhelmingly” approved their proposed $5.56 billion merger. The companies said that shareholders approved all proposals to complete the merger and the deal remains on track to be completed in the 1st quarter of this year. “We are pleased with the overwhelmingly favorable outcome of […]

Filed Under: Business/Financial News, Dental, Mergers & Acquisitions Tagged With: Dentsply Sirona, Sirona

Dentsply, Sirona put $5.56b merger to stockholder vote

December 8, 2015 By Fink Densford Leave a Comment

Dentsply International (NSDQ:XRAY) and Sirona Dental Systems (NSDQ:SIRO) said today they plan to put their proposed $5.56 billion merger  to a stockholder vote on January 11. Both Dentsply and Sirona released a joint statement on the merger, planning both shareholder meetings for the same day in their respective U.S. headquarters in York, Penn. and New York, N.Y., respectively. The […]

Filed Under: Business/Financial News, Dental, Mergers & Acquisitions Tagged With: Dentsply Sirona, Sirona

Dentsply-Sirona union passes FTC muster

November 23, 2015 By Brad Perriello Leave a Comment

Dentsply International (NSDQ:XRAY) and Sirona Dental Systems (NSDQ:SIRO) said their proposed, $5.56 billion merger-of-equals cleared the U.S. Federal Trade Commission’s waiting period, clearing the way for a close in the 1st quarter of 2016. The merger, announced in September, would create the world’s largest dental equipment maker. It calls for Sirona shareholders to receive 1.8142 XRAY shares […]

Filed Under: Dental, Mergers & Acquisitions, Wall Street Beat Tagged With: Anti-Trust, Dentsply Sirona, Sirona

Dentsply, Sirona ink $5.6B, all-stock merger-of-equals

September 16, 2015 By Brad Perriello Leave a Comment

Dentsply International (NSDQ:XRAY) and Sirona Dental Systems (NSDQ:SIRO) yesterday said they plan to merge in an all-stock union of equals worth about $5.56 billion, creating the world’s largest dental equipment maker. The deal calls for Sirona shareholders to receive 1.8142 XRAY shares for each SIRO share they own. At roughly $98.06 apiece, that’s about a 0.7% […]

Filed Under: Dental, Mergers & Acquisitions, Wall Street Beat Tagged With: Dentsply Sirona, Sirona

Sirona closes fiscal year 2013 lower than expected

November 29, 2013 By Chris Walker Leave a Comment

Sirona reports 2013 fiscal year

Sirona Dental Systems (NSDQ:SIRO) reported its FY 2013 4th quarter and its full year’s earnings, where it took a hit, according to Wall Street estimates.

Filed Under: MassDevice Earnings Roundup, News Well, Wall Street Beat Tagged With: 2013, Q3, Sirona

Sirona Dental CFO steps down after 15 years | Personnel Moves

August 6, 2013 By Sony Salzman Leave a Comment

fired/hired

Sirona Dental (NSDQ:SIRO) CFO Simone Blank is slated in October to hand over her title to new-comer Ulrich Michel, who formerly worked as a finance chief in the commercial auto and heating/ventilation industries.

Blank worked for Sirona for 15 years, taking on the CFO title in 2005. The company did not state a reason for her departure, but she will stay on until October 14 to help smooth the transition.

Filed Under: Dental, News Well Tagged With: eCardio Diagnostics, Elbit Imaging Ltd., MAKO Surgical Corp., Personnel Moves, Sirona, Symmetry Medical Inc., Tissue Regenix

Sirona Dental slides despite Street-beating Q3

August 5, 2013 By Arezu Sarvestani Leave a Comment

Sirona Dental drops despite Street-beating Q3

Dental devices maker Sirona Dental Systems (NSDQ:SIRO) posted a strong quarter, but the boost in sales and widening profits didn’t stir much enthusiasm from Wall Street.

Filed Under: Dental, MassDevice Earnings Roundup, News Well, Wall Street Beat Tagged With: 2013, Q2, Sirona

Appetite for Acquisition: Stryker CEO Lobo says medical device company is in the hunt | Wall Street Beat

May 16, 2013 By Brad Perriello Leave a Comment

MassDevice.com Wall Street Beat

Stryker (NYSE:SYK) CEO Kevin Lobo told an investors conference audience in Las Vegas yesterday that the medical device company is still in the mergers & acquisitions hunt, even after its newsmaking buyouts of China’s Trauson Holdings, Israel’s Orthovita and Surpass Medical.

Filed Under: Mergers & Acquisitions, News Well, Orthopedics, Wall Street Beat Tagged With: Covidien, Lanx Inc., Orthovita Inc., Sirona, Stryker, Surpass Medical, Tornier Inc., Trauson Holdings

Ex-KCI CEO Burzik dives into venture capital | Personnel Moves

February 27, 2013 By Sony Salzman Leave a Comment

fired/hired

 Ex-Kinetic Concepts CEO Burzik turns her sights to startups

Filed Under: News Well Tagged With: Biolase, Electromed, Essex Woodlands Health Ventures, Holaira, LED Dental Inc., NxStage Medical Inc., Personnel Moves, Sirona, Small Bone Innovations Inc., Smith & Nephew

Sirona gains despite flat profits

February 14, 2013 By MassDevice staff Leave a Comment

Sirona Dental Systems (NSDQ:SIRO) reported flat profits for its fiscal 1st quarter, but that didn’t faze investors, who sent share prices up nearly 4% this week.

Filed Under: MassDevice Earnings Roundup, News Well Tagged With: 2012, Q4, Sirona

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