ITD itl health group limited
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News: ITD ITL Ltd sells Custom Pack business to Merit Medical Systems

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    03/10/17
    09:15
    Post #: 27611883

    Oct 3 (Reuters) - ITL Ltd (ITD) :

    • Sale of Custom Pack business for $14.4m
    • Announces sale of Australian Custom Pack business unit to Merit Medical Systems, Inc for $14.4 mln
    • Financial implications of sale include profit on sale of about $10mln, reduction of $12.3m in sales or 35% of total group sales of $34.8m in FY17
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