Henry Schein Inc. (NASDAQ: HSIC), Melville, NY, a provider of health care products and services to office-based dental, medical and animal health practitioners, has divested its investment in a dental wholesale distributor in the Middle East.
The investment was an unprofitable, non-controlling interest in an entity that primarily served as an importer that distributed products largely to other distributors, according to a press release. Stanley M. Bergman, CEO, said the divestment allows Henry Schein to further align its investments in targeting office-based practitioners.
The company will show third quarter earnings results excluding the impact of this loss to provide more meaningful year-on-year comparisons.
