• American Industrial Partners closed its acquisition of Avanos Medical in a deal valued at about USD 1.27 billion.
• Avanos shareholders will receive USD 25 per share in cash under the merger agreement.
• The stock will stop trading on the New York Stock Exchange; Avanos will operate as a private company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avanos Medical Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607270928PR_NEWS_USPR_____CL12571) on July 27, 2026, and is solely responsible for the information contained therein.