Nordion delays meeting to seek more backing for takeover

(Reuters) - Canadian medical isotope supplier Nordion Inc said it would delay the shareholders meeting that had been scheduled for Tuesday by a week to give it time to try to get more support for a $758 million takeover offer by U.S.-based Sterigenics International. As of the May 23 proxy voting deadline, 64.8 percent of shares voted were in favor of the deal, falling short of the required 66-2/3 percent support, Nordion said in a release. Sterigenics, a sterilization services provider owned by private equity firm GTCR LLC, raised its buyout offer for Nordion to $758 million earlier in May from $727 million after Nordion received a rival bid from an unnamed buyer.. Sterigenics has refused to raise its offer further, Nordion said.



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