Teleflex Incorporated Completes Sale of Actuation Business to TransDigm Group Incorporated

LIMERICK, Pa.--(BUSINESS WIRE)--Teleflex Incorporated (NYSE: TFX), a leading global provider of medical technology products, announces that on Friday, December 31, 2010 it completed the previously announced sale of its subsidiary Telair International Incorporated’s Actuation business to TransDigm Group Incorporated (NYSE: TDG). The sale proceeds are approximately $94 million.

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