Teleflex completes sale of OEM business to Montagu, Kohlberg for USD 1.5 billion - TFX News | RalliesTeleflex completes sale of OEM business to Montagu, Kohlberg for USD 1.5 billion
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TFX• Teleflex completes OEM business sale
- Teleflex completed the sale of its OEM business to Montagu and Kohlberg for USD 1.5 billion in cash.
- Teleflex estimated post-tax proceeds of about USD 1.25 billion.
- Proceeds earmarked for USD 800 million of debt reduction and completion of a USD 1 billion share repurchase authorization.
- Updated 2026 financial guidance slated for Aug. 6, 2026, alongside second-quarter results.
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