Medical Devices
Monday, 04 Nov 2019

Medical device maker Stryker to buy Wright Medical for $4 billion

Publisher: The Insight Partners

Medical device maker Stryker Corp (SYK.N) said on Monday it would buy smaller rival Wright Medical Group (WMGI.O) for about $4 billion in cash.

The deal for $30.75 per share of Wright represents a premium of 39.7% to the company’s close on Friday and is expected to close in the second half of 2020.

Including debt, the deal values Wright at about $5.4 billion.

Read here

Related Industry Updates

Bioanalytical Testing Services Market is expected to reach US$ 10,108.82 million by 2030
Sep 14, 2023

Global Biotech Flavor Market Research Report by Manufactures and Region
Dec 16, 2020

Angiography Devices Market 2028 Competitive Intelligence, Global Share, Key Country Analysis
Mar 29, 2023

North America ENT Chairs Market Set to Showcase during 2019-2027 with top Key Companies, Applications and types
Aug 04, 2020

Vision Care Market is expected to reach US$ 98,968.42 million by 2028
Feb 21, 2023

IRRAflow® Wins CONNECT's "2019 Most Innovative New Product" Award
Dec 09, 2019

Vyaire Medical and Spirit AeroSystems Partner to Greatly Increase Ventilator Production in Response to COVID-19 Pandemic
May 05, 2020

Follow us on

Related News

Medical / Aug 17, 2020

North America Radiofrequency Ablation Devices Market Ready to thrive during 2020-2027 with increasing value of CAGR 11.8%

Medical / Mar 29, 2023

Women Health Devices Market (2022-2028) Value Projections, Deep Dive Analysis of 18+ Countries across 5 Key Regions

Medical / Feb 19, 2024

Electrotherapy Systems Market is expected to reach US$ 8.57 billion by 2030

Medical / Jan 04, 2024

COPD Devices Market is expected to reach US$ 12,877.43 million by 2030