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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Cochlear Limited | ASX:COH | Australian Stock Exchange | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-1.49 | -0.46% | 320.74 | 317.98 | 323.00 | 321.19 | 317.10 | 318.85 | 110,194 | 09:50:00 |
Swiss hearing aid maker Sonova Holdings AG (SOON.VX) will maintain sufficient financial flexibility to pursue further growth initiatives after announcing plans to buy U.S.-based cochlear implant systems maker Advanced Bionics Corporation, Chief Executive Valentin Chapero said Monday.
Earlier Monday, Sonova said it plans to buy the U.S.-based cochlear implant systems maker for $489 million, which was widely welcomed by the market.
The deal, which costs Sonova a total of 510 million Swiss francs ($505.9 million), is subject to regulatory approval.
Sonova will report first half figures for its 2010 fiscal year on Tuesday.
Company Web Site: http://www.sonova.com
-By Julia Mengewein, Dow Jones Newswires; +41 43 443 80 45; julia.mengewein@dowjones.com
1 Year Cochlear Chart |
1 Month Cochlear Chart |
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