STERIS plc (STE) agreed to buy Cantel Medical Corp (CMD) in a cash and stock transaction valued at $84.66 per Cantel common share. It represents a total equity value of about $3.6 billion and a total enterprise value of about $4.6 billion, including Cantel's net debt and convertible notes.
Cantel is a provider of infection prevention products and services primarily to endoscopy and dental Customers.
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