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0 0.000420698359276465 0.000841396718552929 0.00546907867059329 0.00799326882625163 -0.000420698359276465 -0.00967606226335704 -0.00504838031131668
Stock impact report

Bioventus announces divestiture of its Advanced Rehabilitation business to Accelmed Partners [Seeking Alpha]

Bioventus Inc. - Class A (BVS) 
Company Research Source: Seeking Alpha
The transaction includes a total cash consideration of $45 million, including $25 million in cash at close and up to $20 million in potential post-closing earn-out payments. At the time of closing, the company expects to net approximately $20 million after fees and expenses, which will be used to repay existing debt. The divestiture of the Advanced Rehabilitation business reduces the company's annual revenue by about $50 million and annual Adjusted EBITDA by nearly $6 million. The transaction is expected to close in the fourth quarter of 2024. Source: Press Release More on Bioventus Healing Numbers, Hurting Valuation: Bioventus' Mixed Bag In Q2 2024 Bioventus reports Q2 results; raises guidance Seeking Alpha's Quant Rating on Bioventus Historical earnings data for Bioventus Recommended For You Comments More Trending News Recommended For You More Trending News Show less Read more
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