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 […]
Sirona
Dentsply, Sirona shareholders clear $5.56B merger
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 […]
Dentsply, Sirona put $5.56b merger to stockholder vote
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 […]
Dentsply-Sirona union passes FTC muster
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 […]
Dentsply, Sirona ink $5.6B, all-stock merger-of-equals
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% […]
Sirona closes fiscal year 2013 lower than expected
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.
Sirona Dental CFO steps down after 15 years | Personnel Moves
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.
Sirona Dental slides 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.
Appetite for Acquisition: Stryker CEO Lobo says medical device company is in the hunt | Wall Street Beat
Ex-KCI CEO Burzik dives into venture capital | Personnel Moves
Sirona gains despite flat profits
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.
