STERIS (STE) news

Xodus Medical announces agreement to be acquired by Steris (NYSE: STE)

Xodus Medical, a provider of specialized medical devices and services, has announced an agreement to be acquired by Steris (NYSE: STE), a global leader in infection prevention and medical device solutions. The transaction, which remains subject to customary closing conditions, is expected to…

Fitch affirms Steris' ratings following Xodus purchase announcement

Fitch Ratings has affirmed Steris PLC’s issuer default rating at 'BBB', with a stable outlook, following the company’s announcement of the Xodus purchase. The rating reflects Steris’ strong market position in the medical technology and life sciences sectors, as well as its disciplined capital…

Steris - Deal expected to close by Dec 31, 2026, deal expected to be financed primarily with debt

Steris to fund deal primarily with debt

Steris plc has announced plans to finance its upcoming acquisition primarily through debt, according to recent disclosures. This approach aligns with the company’s strategy to maintain financial flexibility while pursuing strategic growth opportunities. The decision to rely heavily on debt…

Steris PLC: Deal expected to be accretive to top-line growth, margins and adjusted earnings

STERIS plc reported strong financial performance for fiscal 2026, with full-year revenue from continuing operations rising 9% to $5.9 billion, compared to $5.5 billion in fiscal 2025. This growth was driven by a 7% increase in constant currency organic revenue. The company also reported an…