$TMK's carrying value of funded debt was $993MM at Dec. 31, 2015. Company has a 6.375% Senior Note maturing on June 15, 2016 with a par value and book value of $250MM. Company intends to refinance the debt in 2016 with a hybrid debt instrument.
$IART said that a tender offer by its subsidiary Integra Derma to buy all outstanding common and preferred shares of $DSCI at an offer price of $7.00 per common share, $32.00 per Series A Convertible Preferred share and $48.00 per Series B Convertible Preferred share, expired as scheduled on Feb. 22, 2017.
$TNC agreed with private equity fund Ambienta to buy IPC Group, a privately-held designer and manufacturer of commercial cleaning solutions based in Italy, in an all-cash transaction valued at about $350MM. $TNC expects the acquisition to be accretive to 2018 EPS. $TNC expects the acquisition to be completed in the 2Q17.