Sirtex Takeover Bid at a Significant Premium to Standalone FVE

Healthcare Specialist

Winnie Wong

Equity Bottom-Up

Varian Medical Systems / Equity Bottom-Up

<p>It looks like <a href="https://www.smartkarma.com/entities/7308" target="_blank" data-smartkarma-citation="entities:7308:1">Varian Medical Systems Inc (VAR US)</a> is on a quest to acquire radiation oncology assets.  It made the offer to <a href="https://www.smartkarma.com/entities/10365" target="_blank" data-smartkarma-citation="entities:10365:1">Sirtex Medical Ltd (SRX AU)</a> just last week, and it opened its wallet again yesterday for privately-held <a href="http://mobiusmed.com/" target="_blank">Mobius Medical Systems</a>.</p><h2>The Mobius Acquisition</h2><p>Varian announced overnight that it has <a href="https://www.varian.com/oncology/varian-mobius?cat=overview" target="_blank">acquired privately-held Mobius</a> Medical Systems for an undisclosed sum.  Mobius is a US-based medtech company that develops radiation oncology Quality Assurance (QA) software.  The…</p>

It looks like Varian Medical Systems Inc (VAR US) is on a quest to acquire radiation oncology assets.  It made the offer to Sirtex Medical Ltd (SRX AU) just last week, and it opened its wallet again yesterday for privately-held Mobius Medical Systems.The Mobius AcquisitionVarian announced overnight that it has acquired privately-held Mobius Medical Systems for an undisclosed sum.  Mobius is a US-based medtech company that develops radiation oncology Quality Assurance (QA) software.  The…

Varian's Quest for Radiation Oncology Assets