secwatch.observer — SEC 8-K summary
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Issuer:     STERIS plc (STE)
CIK:        0001757898
Form:       8-K
Filed at:   2024-05-31T23:59:59+00:00
Accession:  0001193125-24-151805
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

STERIS closes sale of Dental business to HuFriedy Group for $787.5M
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- Transaction closed on May 31, 2024; base purchase price $787.5M plus up to $12.5M contingent payment.
- Proceeds primarily to be used to repay debt.
- Contingent payment payable if Dental business achieves certain revenue targets in fiscal year 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1757898/000119312524151805/0001193125-24-151805-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1757898/000119312524151805/d810083d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-151805

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