Sorin collapses after the surprise news of the stop of the Italian State to the integration with the American Cyberonics. The Sorin title it was also in the volatility auction, after marking a decline of more than 12%, while around midday, after the reopening of trading, loses 8% a 2,554 €. In fact, this morning it was announced that the Italian State has asked to "stop the integration" between the medical company and the previously announced US Cyberonics, because it believes that the operation "would have the purpose of distancing the Italian company from potential alleged responsibilities relating to an environmental dispute, still pending, against Snia, formerly Sorin's parent company".
Sorin and Cyberonics, however, believe that this act demonstrates a "substantial misunderstanding of the structure of the operation". For this reason they intend to “strongly oppose. We will strongly contest this act and ask to proceed urgently to fully protect our rights ", they said in a statement.
