BRIEF-Neogen Announces Sale Of Cleaners & Disinfectants Business

Reuters
Yesterday
BRIEF-Neogen Announces Sale Of Cleaners & Disinfectants Business

April 21 (Reuters) - Neogen Corp NEOG.O:

  • NEOGEN ANNOUNCES SALE OF CLEANERS & DISINFECTANTS BUSINESS

  • NEOGEN CORP - TO SELL CLEANERS & DISINFECTANTS BUSINESS TO KERSIA FOR $130 MILLION

  • NEOGEN CORP - NET PROCEEDS TO REPAY $100 MILLION REVOLVING CREDIT FACILITY

  • NEOGEN CORP: TRANSACTION IS EXPECTED TO BE ACCRETIVE TO MARGINS

Source text: ID:nBw3MVG07a

Further company coverage: NEOG.O

((Reuters.Briefs@thomsonreuters.com;))

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