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Court denies U.S. request to stop merger of Steris, Synergy Health

Thu, 24th Sep 2015 16:54

WASHINGTON, Sept 24 (Reuters) - A federal court in Ohiorefused on Thursday to stop a $1.9 billion merger of medicaltechnology provider Steris Corp and Britishsterilization services provider Synergy Health Plc,despite the objections of U.S. antitrust enforcers.

The Federal Trade Commission filed a lawsuit in May aimed atstopping the deal, saying it would hurt both companies'customers by eliminating likely future competition between thembased on innovative sterilization techniques. (Reporting by Diane Bartz; Editing by Eric Walsh)

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3 Jun 2015 10:23

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2 Jun 2015 08:42

Synergy Health reports 7.5% rise in annual turnover, outlook confident

Synergy Health posted a 7.5% jump in full-year revenue despite adverse currency translation effects and said it was well placed to sustain its growth over both the medium and long-term. The group, which provides specialist outsourced support services to health-related markets, reported a 1.6% rise i

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2 Jun 2015 07:57

Tuesday broker round-up

British American Tobacco: JP Morgan reiterates overweight and 4,100p target price. Royal Mail: JP Morgan reiterates neutral stance. Playtech: JP Morgan reiterates buy. Henderson Group: UBS reiterates neutral stance and 275p target. Prudential: UBS reiterates buy recommendation and 1,950p target.

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