Astra Sells Dental Unit for $1.8 Billion

By Margot Patrick from the Wall Street Journal LONDON–AstraZeneca PLC said Wednesday it has agreed to sell Astra Tech to Dentsply International Inc. for $1.8 billion,after a sale process that attracted strong interest from private-equity firms and strategic buyers looking to tap into growth in the dental-implants market. The transaction, expected to close in the second half, will … Read more

AstraZeneca Near Sale of Unit to Dentsply

From Bloomberg – June 21, 2011 AstraZeneca Plc (AZN) is close to an agreement to sell Astra Tech, a Swedish maker of dental implants and medical devices, to Dentsply International Inc. (XRAY) for about $1.8 billion,said a person with knowledge of the sale. No deal has been reached and the talks may still fall apart, said the person, … Read more