{"id":126678,"date":"2022-04-18T12:52:51","date_gmt":"2022-04-18T12:52:51","guid":{"rendered":"https:\/\/fin2me.com\/?p=126678"},"modified":"2022-04-18T12:52:51","modified_gmt":"2022-04-18T12:52:51","slug":"medical-device-maker-natus-to-go-private-in-1-2-billion-deal","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/medical-device-maker-natus-to-go-private-in-1-2-billion-deal\/","title":{"rendered":"Medical device maker Natus to go private in $1.2 billion deal"},"content":{"rendered":"
(Reuters) – Healthcare-focused investment firm ArchiMed has agreed to buy Natus Medical Inc for $1.2 billion and take it private, the medical device maker said on Monday.<\/p>\n
Natus shareholders will receive $33.50 in cash, which represents a 28.6% premium to the stock\u2019s last closing price.<\/p>\n
The company makes medical equipment and supplies for the diagnosis and monitoring of disorders that affect the brain, nerves, muscles and newborns.<\/p>\n
Natus shares have dropped 9% over the past year.<\/p>\n
The COVID-19 pandemic has affected demand for non-urgent surgical procedures, in turn hitting sales of some medical devices.<\/p>\n