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BRIEF-OSI Systems to acquire Explosive Trace Detection unit from Smiths Group

June 1 OSI Systems Inc

* OSI Systems enters into definitive agreement to acquire Explosive Trace Detection (etd) business from Smiths Group Plc

* OSI Systems Inc - deal for $75.5 million in cash

* OSI Systems Inc - deal for expected to be accretive to fiscal year 2018 non-GAAP diluted earnings per share

* OSI Systems Inc - expects to fund acquisition with a combination of balance sheet cash and borrowings from its existing $525 million credit facility Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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