Jones Day Reps Steris In $270M US Endoscopy Buy

Law360, New York (July 17, 2012, 7:31 PM EDT) -- Medical sterilization company Steris Corp. will pay $270 million in cash for privately held U.S. Endoscopy Group Inc. in an effort to expand its presence in the global gastrointestinal endoscopy market, the companies said Tuesday.

Steris said the acquisition will directly access a multibillion-dollar global market for gastrointestinal endoscopy devices, which allow physicians and other health professionals to examine the inside of a patient’s gastrointestinal tract

"The addition of US Endoscopy to our current portfolio is a natural extension of our presence in the GI market,"...
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