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Thursday, March 12, 2015

BRIEF-MeVis Medical Solutions: path cleared for Varian acquisition majority stake of MeVis, (NYQ: VAR)

MeVis Medical Solutions AG : * Path cleared for Varian acquisition of majority stake of MeVis* Says acceptance period extended to March 24* Transition of majority stake to Varian expected by mid-April* Executive board and supervisory board still welcome offer and continue to see Varian Medical Systems as a reliable partner for further development of MeVis Medical Solutions Source text for Eikon: Further company coverage: (Gdynia Newsroom)

Varian Medical Systems Inc. is a manufacturer of medical devices and software for treating cancer and other medical conditions with radiotherapy, radiosurgery, proton therapy and brachytherapy. Shares of VAR traded higher by 0.56% or $0.52/share to $93.49. In the past year, the shares have traded as low as $76.73 and as high as $95.70. On average, 709725 shares of VAR exchange hands on a given day and today's volume is recorded at 171869.