May 22 (Reuters) - Varian Medical Systems Inc (NYSE:VAR) VAR.N :
* VARIAN NOTIFIES SIRTEX IT WILL NOT SUBMIT A COUNTERPROPOSAL TO COMPETING BID
* CO IS COMMITTED TO TERMS OF VARIAN SCHEME AT PURCHASE PRICE OFFERED BY VARIAN OF A$28 PER SHARE
* UNDER TERMS OF SCHEME OF ARRANGEMENT VARIAN HAS RIGHT TO SUBMIT A COUNTERPROPOSAL TO CDH PROPOSAL
* VARIAN MEDICAL- VARIAN HAS FORMALLY NOTIFIED SIRTEX THAT IT WILL NOT BE SUBMITTING A COUNTERPROPOSAL