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Stryker enters fast-growing orthopedic device market in China with Trauson purchase
01 Feb 2013
Executive Summary
In a move to expand its presence in the $1.5bn emerging Chinese orthopedic market, medical device giant Stryker Corp. has offered to acquire public device maker Trauson Holdings Co. Ltd. for $0.97 (HK7.50) per share (a 76% discount) in cash, valuing the deal at $751mm.
Deal Industry
- Medical Devices
-
Medical Devices
- Implantable Devices
- Surgical Equipment & Devices
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Payment Includes Cash
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