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SYDNEY, Oct 2 Asia Pulse - Predator Cytyc Corp has taken a 13.5 per cent stake in takeover target Vision Systems Ltd (ASX:VSL), according to a substantial shareholder notice filed with the Australian Stock Exchange today.
Last week, Cytyc's rivals for Vision, Ventana Medical Systems Inc, filed a notice saying it had 12 per cent of the Australian medical technology firm.
Cytyc last month made an offer for Vision of $A2.35 per share valuing Vision at $A497 million ($US369.84 million).
The offer had trumped an earlier merger deal between Ventana and Vision under which Ventana would have paid $A2.13 per ...
Source: HighBeam Research, US-BASED CYTYC TAKES 13.5% STAKE IN AUSTRALIA'S VISION SYSTEMS.