Nordion delays meeting to seek more backing for takeover - Reuters
Canadian medical isotope supplier Nordion Inc said it would delay the company's shareholders meeting by a week to give it time to try to get more support for a US$758 million takeover offer by U.S.-based Sterigenics International, Reuters reported. An initial proxy vote on the takeover fell short of required shareholder support. Sterigenics, a sterilization services provider owned by private equity firm GTCR LLC, raised its buyout offer to US$758 million earlier in May from US$727 million after Nordion received a rival bid from an unnamed buyer.
28 May 2014•1 min read
