Avanos Medical
Avanos Medical to be Acquired by American Industrial Partners for $1.27 Billion; Stock Surges 69%
The medical technology landscape witnessed a seismic shift on Tuesday as Avanos Medical (NYSE: AVNS) announced it has entered into a definitive agreement to be acquired by affiliates of American Industrial Partners (AIP) in an all-cash transaction valued at approximately $1.27 billion. The deal marks a significant turning point