Natus announces sale of medix business.Natus medical inc – divestiture of medix is expected to be accretive to natus’ operating income margin going forward.Natus medical inc – anticipate incurring $3.0 million to $4.0 million of transaction and disposal expenses as part of divestiture.Natus medical inc – has signed a definitive agreement to sell its wholly-owned subsidiary, medix medical devices.Natus medical inc – anticipate incurring $3.0 million to $4.0 million of transaction and disposal expenses as part of divestiture.Natus medical inc – as part of divestiture, natus will sell medix line of products, including incubators, warmers and other medix products.Natus medical – will update fy revenue guidance with impact of medix divestiture in q1 2019 earnings release.
Date: April 08, 2019
Source: Reuters