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BOSTON SCIENTIFIC CORP M&A Activity 2021

Sep 1, 2021

29821_rns_2021-09-01_8c397d3c-a513-43a4-8012-f183f88dc748.zip

M&A Activity

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

_______________

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

_______________

Date of Report (Date of earliest event reported): September 1, 2021

BOSTON SCIENTIFIC CORPORATION

(Exact name of registrant as specified in its charter)

Delaware 1-11083 04-2695240
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

300 Boston Scientific Way , Marlborough , Massachusetts 01752-1234

(Address of principal executive offices) (Zip Code)

( 508 ) 683-4000

(Registrant's telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading Symbol Name of each exchange on which registered
Common Stock, $0.01 par value per share BSX New York Stock Exchange
0.625% Senior Notes due 2027 BSX27 New York Stock Exchange
5.50% Mandatory Convertible Preferred Stock, Series A, par value $0.01 per share BSX PR A New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

ITEM 8.01 OTHER EVENTS .

On September 1, 2021, Boston Scientific Corporation (the “Company”) completed its acquisition of the global surgical business of Lumenis LTD. (“Lumenis”) following the satisfaction of customary closing conditions. The Company previously announced entry into a definitive agreement to acquire the global surgical business from Lumenis on March 3, 2021 for an upfront cash payment of approximately $1.07 billion, subject to closing adjustments. The Lumenis surgical business develops and commercializes premier laser systems, fibers and accessories used for urology and otolaryngology procedures.

A copy of the Company's press release announcing the completion of the acquisition of the global surgical business of Lumenis is included as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference; provided, however, that information on or connected to our website or the website of any third-party hyperlinked from or referenced in the Company's press release included as Exhibit 99.1 to this Current Report on Form 8-K is expressly not incorporated by reference into or intended to be filed as a part of this Current Report on Form 8-K.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits

Exhibit No. Description
99.1 Press Release issued by Boston Scientific Corporation, dated September 1 , 2021
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:
By: /s/ Vance R. Brown
Vance R. Brown
Senior Vice President, General Counsel and Corporate Secretary