EXFO Sells Life Sciences & Industrial Division To Riverside Co. For $24.3 Million

EXFO Inc. sold its life sciences and industrial division to The Riverside Co. of New York for $24.3 million in cash. The purchase price is subject to adjustments for minimum working capital requirements. The division sold is based in Toronto, Canada and generated sales of $4.3 million for the fiscal year ended Aug. 31.

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