Press Release
Stryker completes acquisition of Wright Medical
Stryker announced today that it has completed the previously announced acquisition of Wright Medical, a global medical device company focused on extremities and biologics. […]
Wright Medical
Business
Stryker to Shed Assets to Get FTC Blessing for Wright Deal
(ODT) – The Federal Trade Commission will require medical device companies Stryker and Wright Medical to divest all assets related to Stryker’s total ankle replacements and finger joint implant products to remedy concerns that Stryker’s proposed $4 billion acquisition of Wright will harm competition in those markets. […]
Press Release
Wright Medical Group N.V. Announces First Shoulder Arthroplasty Procedure Using BLUEPRINT™ Mixed Reality Technology
Wright Medical Group N.V. (NASDAQ: WMGI) today announced that the first shoulder arthroplasty procedure was performed using groundbreaking BLUEPRINT Mixed Reality Technology at Mayo Clinic’s campus in Rochester, Minnesota. […]
M&A
Medical device mergers on pause
(Evaluate) – Thanks to Thermo Fisher Scientific and Invitae, two groups brave enough to push ahead with multibillion-dollar acquisitions during a pandemic, the total value of medical device M&A announced in the first half of 2020 nudged over $15bn. […]
M&A
Stryker extends offer for Wright Medical shares again
(Daily Memphian) – Medical device maker Stryker has extended its tender offer to buy shares of Wright Medical to June 30. Stryker announced the extension on Monday, April 27, after Wright Medical shareholders voted conditional approval of the sale Friday, April 24. […]
Press Release
Stryker announces definitive agreement to acquire Wright Medical
Stryker announced today a definitive agreement to acquire all of the issued and outstanding ordinary shares of Wright Medical for $30.75 per share, or a total equity value of approximately $4.0 billion and a total enterprise value of approximately $5.4 billion. […]