Shots:
- Avanos Medical has entered into a definitive agreement to be acquired by affiliates of American Industrial Partners in an all-cash transaction valued at ~$1.272B enterprise value
- As per the deal, Avanos Medical shareholders will receive $25/share in cash, reflecting a ~72.1% premium to the Company’s closing stock price on Apr 13, 2026; closing is expected in H2’26
- Upon deal completion, Avanos Medical will become a private company & be delisted from the NYSE, while continuing to be headquartered in Alpharetta, Georgia
Ref: PRnewswire | Image: Avanos Medical | Press Release
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