Sirona Dental Systems is open to $2 billion takeovers of other companies to grow its business, including deals outside its core dental business, CEO Jost Fischer said an interview with Reuters.
But Fischer dismissed rumors that Sirona might join forces with a private equity firm to bid for Astra Tech. Astra Tech has been on the auction block since November, with parent company AstraZeneca hoping to fetch $2 billion for the dental implants and equipment firm, according to news reports.
Last month there were speculations that some 20 bidders, including private equity firms and medical technology companies such as Straumann and Nobel Biocare, were readying offers to buy all or parts of Astra Tech.