Steris to Acquire Xodus Medical for $2.1 Billion in Cash
Steris announced a definitive agreement to acquire Xodus Medical for $2.1 billion in cash, with up to $150 million in additional earnout tied to 2028 performance. The deal is expected to close by Dec. 31, 2026, subject to customary conditions and regulatory approvals.
1 billion in cash, with up to $150 million in additional earnout tied to 2028 performance. The transaction, expected to close by Dec 31, 2026 pending customary conditions and regulatory approvals, includes standard seller coven…