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Smith & Nephew to buy Oratec for $310mm in cash

18 Feb 2002

Executive Summary

Smith & Nephew PLC is buying Oratec Interventions (minimally invasive radiofrequency surgical devices to treat joint and spine disorders) for $310mm in cash, offering $12.50 a share, a premium of 54%.
Deal Industry
  • Medical Devices
  • Medical Devices
    • Radiofrequency Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Contract
    • Payment Includes Cash

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

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