Feb. 20, 2014 09:11 UTC

Getinge Finalizes Acquisition of Pulsion Medical Systems

GETINGE, Sweden--(BUSINESS WIRE)-- Regulatory News:

Getinge (STO:GETIB) has secured 78.55% of the outstanding shares in Pulsion Medical Systems. All conditions precedent stipulated in the offer document have been met and the transaction was completed yesterday. Pulsion will be consolidated in Getinge’s accounts as of March 1 2014.

As communicated earlier, Getinge has issued a public tender offer to acquire all shares in Pulsion Medical Systems SE (“Pulsion”) listed on the German Stock Exchange (Deutsche Börse) against payment of EUR 16.90 per share in cash.

All conditions precedent stipulated in the offer document have been met and the transaction was completed yesterday. The preparation of the Domination and Profit and Loss Transfer Agreement has thus been initiated. Getinge is expected to take control over Pulsion in due course. According to German Law, the offer can still be accepted by the remaining shareholders until 3 March 2014.

Further information to the public tender offer is set forth in the offer document and is available on www.maquet.com/pulsion-angebot.

GETINGE GROUP is a leading global provider of products and systems that contribute to quality enhancement and cost efficiency within healthcare and life sciences. We operate under the three brands of ArjoHuntleigh, GETINGE and MAQUET. ArjoHuntleigh focuses on patient mobility and wound management solutions. GETINGE provides solutions for infection control within healthcare and contamination prevention within life sciences. MAQUET specializes in solutions, therapies and products for surgical interventions, interventional cardiology and intensive care. The information is such that Getinge AB must disclose in accordance with the Swedish Securities Market Act and/or the Financial Instruments Trading Act

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Contacts

Getinge Group
Ulf Grunander, CFO
Phone: +46 10 335 55 80
Email: ulf.grunander@getinge.com


Source: Getinge Group