Teleflex To Acquire NeoTract For Up To $1.1 Billion

Quick Take

Teleflex (TFX) has announced an agreement to acquire NeoTract in a transaction valued up to $1.1 billion.

NeoTract is a medical device company that develops devices in the field of urology.

The acquisition of NeoTract will strengthen Teleflex’s portfolio of urology devices and thereby accelerate sales growth.

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