Sterigenics bumps up bid for isotope maker Nordion to $805 mln

Mon Jun 2, 2014 10:09am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

June 2 (Reuters) - U.S. based Sterigenics International boosted its takeover bid for Canadian medical isotope producer Nordion Inc to $805 million, Ottawa-based Nordion said on Monday, after the previous offer failed to attract enough shareholder support.

Sterigenics has agreed to pay $13 in cash per Nordion share, up from its previous offer of $12.25. (Reporting by Rod Nickel in Winnipeg, Manitoba; Editing by Jeffrey Benkoe)