Invacare Corp. (IVC: Quote) announced that it has completed the sale of its Invacare Supply Group or ISG medical supplies business to AssuraMed of Twinsburg, Ohio, a leader in wholesale and home-delivered medical supplies across the United States, for a purchase price of approximately $150.8 million in cash, which is subject to final post-closing adjustments.
Invacare estimates net proceeds from the sale of approximately $146.6 million, net of expenses.
Click here to receive FREE breaking news email alerts for Invacare Corp and others in your portfolio
by RTT Staff Writer
For comments and feedback: editorial@rttnews.comBusiness News