Healthcare products and services provider Henry Schein of Melville, NY, has entered into an agreement to divest its PMA Bode business. Bode of Hamburg, Germany, is an x-ray film products and accessory distributor to hospitals and healthcare institutions in the German marketplace.
Henry Schein, which originally acquired Bode as part of its 1999 purchase of Heiland Group, said that the divesture would not impact its future earnings, although it will record a one-time after-tax loss of approximately $2 million in the third quarter of this fiscal year as a result of the divestiture. Bode had revenues in its last 12 months of approximately $31 million, Henry Schein said.
By AuntMinnie.com staff writersSeptember 2, 2003
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