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Smith & Nephew loses bid for Centerpulse

Executive Summary

In a move that should greatly bolster its position in the orthopedics market, Smith & Nephew agreed to buy implantable device company Centerpulse for about €2.22bn ($2.4bn). The combination will be called Smith & Nephew Group.
Deal Industry
  • Medical Devices
    • Implantable Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Withdrawn
Deal Type
  • Acquisition
    • Payment Includes Stock
    • Payment Includes Cash
    • Full Acquisition

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