German criminal probe into Dentsply Sirona's 2016-2017 loans; interim CFO named

DENTSPLY SIRONA Inc.

German authorities searched Company sites in Bensheim and Hanau on Nov 7, 2024 as part of criminal investigation into post-merger intercompany loans.
Investigation examines arm's length structuring and interest deductibility for tax years 2016-2017; no charges filed.
Company intends to fully cooperate and assert its positions, including pursuing appeals as necessary.
Appointed Herman V. Cueto as interim CFO, effective immediately; he previously served as CFO of Azenta Life Sciences.
CEO Simon Campion continues as principal financial officer until permanent CFO is appointed.

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