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news.Datascope, a medical device company, has entered into an agreement to sell its EVH business to Sorin Group, a company developing medical technologies for cardiac surgery.
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The transaction is contingent on the closing of the acquisition of Datascope by Getinge, a provider of infection control equipment and systems, as well as the satisfaction of other typical conditions. The agreement will be reviewed by the US competition authority.
Previously, Getinge made a public tender offer to the shareholders of Datascope. In order for the acquisition to be completed, the competition authorities in Germany and the US must grant their approvals. The German competition authority granted its unconditional approval in October 2008.