IFLR1000

Teleflex $1 billion acquisition of Vascular Solutions

2/12/2016
Public acquisition
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$ 1 billion

Announced

2/12/2016

Overview:

  • Teleflex has acquired fellow US medial device manufacturer Vascular Solutions in a $1 billion deal.
  • The price tag comes to $56 per Vascular share.
  • The transaction is expected to close in the first half of 2017.
  • JPMorgan served as financial adviser for Teleflex.
  • Guggenheim Securities acted as financial adviser for Vascular Solutions.

Kurt Stumpo - Journalist

Jurisdiction:

United States

Deal type:

Public acquisition

Practice area:

M&A

Governing law:

United States

Industry sector:

Healthcare

Firms:
Davis Polk & Wardwell

Party: JPMorgan Chase (Financial adviser)

Lawyer: Alan Denenberg

Dorsey & Whitney

Party: Vascular Solutions (Target)

Latham & Watkins

Party: Guggenheim Securities (Financial adviser)

Lawyer: Charles Ruck

Simpson Thacher & Bartlett

Party: Teleflex (Acquirer)

Lawyers: Roxane Reardon, William Sheehan

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