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Tuesday, October 14, 2014

Takeover Digest- New York Times business news - Oct 14, (NYSE: STE)

The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. * Steris Corp said on Monday that it had offered to purchase Synergy Health Plc, a British provider of outsourced equipment-sterilization services, for about $1.9 billion in cash and stock. Steris would reincorporate in Britain in what would be the latest proposed inversion deal. (* Luxury shoe maker Jimmy Choo, which aims to list in London, has narrowed the range of its initial public offering to 140-160 pence from 140-180 pence, valuing the company up to 624 million pounds ($1 billion) at the top end of the range, according to a person familiar with the discussions. (

Shares of STE traded higher by 0.32% or $0.18/share to $56.56. In the past year, the shares have traded as low as $39.90 and as high as $58.15. On average, 341682 shares of STE exchange hands on a given day and today's volume is recorded at 3554872.