Owens & Minor, Inc. (NYSE:OMI) Files An 8-K Regulation FD Disclosure
Item 7.01
On January 16, 2020, Owens & Minor, Inc. (the “Company”) announced its intention to sell its Movianto business, a leading third party logistics provider in Europe, to EHDH Holding Group (EHDH), a privately held French company, for cash consideration of approximately $133 million. Completion of the transaction is subject to discussions, where mandated, with employee representative bodies and certain conditions including customary regulatory and other approvals. Subject to these, the intended transaction is expected to close in the first half of 2020.
A copy of the press release announcing the Company’s intention to sell its Movianto business is attached as Exhibit 99.1 and is being furnished to Item 7.01 of Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
(d) Exhibits.
OWENS & MINOR INC/VA/ Exhibit
EX-99.1 2 cam_1b-6706543xv1xmercuryx.htm EXHIBIT 99.1 Exhibit FOR IMMEDIATE RELEASE January 16,…
To view the full exhibit click
EX-99.1 2 cam_1b-6706543xv1xmercuryx.htm EXHIBIT 99.1 Exhibit FOR IMMEDIATE RELEASE January 16,…
To view the full exhibit click
hereAbout Owens & Minor, Inc. (NYSE:OMI)
Owens & Minor, Inc. is a global healthcare services company. The Company provides supply chain assistance to the providers of healthcare services and the manufacturers of healthcare products, supplies and devices in the United States and Europe. The Company operates in two segments: Domestic and International. The Domestic segment includes all functions relating to its role as a medical supply logistics company providing distribution; kitting, including Medical Action Industries Inc., and logistics services to healthcare providers and manufacturers in the United States. The International segment consists of Movianto Group and ArcRoyal. The Company serves customers with a service portfolio that covers procurement, inventory management, delivery and sourcing for the healthcare market. With fully developed networks in the United States and Europe, it serves hospitals, integrated healthcare systems, group purchasing organizations, the United States federal government and pharmaceuticals.
