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BRIEF-ITL Ltd sells Custom Pack business to Merit Medical Systems
October 2, 2017 / 10:17 PM / 14 days ago

BRIEF-ITL Ltd sells Custom Pack business to Merit Medical Systems

Oct 3 (Reuters) - ITL Ltd:

* Sale of Custom Pack business for $14.4m

* Announces sale of Australian Custom Pack business unit to Merit Medical Systems, Inc for $14.4 mln​

* Financial implications of sale include profit on sale of about $10mln, reduction of $12.3m in sales or 35% of total group sales of $34.8m in FY17‍​ Source text for Eikon: Further company coverage:

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