Zylox-Tonbridge Medical Acquires 49% Stake in Medical Device Firm

Reuters

Feb 13

Zylox-Tonbridge Medical Acquires 49% Stake in Medical Device Firm

Zylox-Tonbridge Medical Technology Co., Ltd. announced the acquisition of a 49% equity interest in a target company engaged in the development, manufacturing, and distribution of medical technology products for minimally invasive vascular and endourology procedures. The transaction consideration will be adjusted based on completion accounts, reflecting the target company's actual cash, financial debt, and net working capital at closing. This adjustment mechanism is designed to provide downside protection to Zylox-Tonbridge in light of the target group's historical losses and to better align the interests of both parties. The Board assessed the target's growth potential, comprehensive product offerings, and industry trends as key factors in the investment decision.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zylox-Tonbridge Medical Technology Co .Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260213-12025228), on February 13, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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