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Medtronic pays $1.3bn for remaining stake in Mazor Robotics

Executive Summary

Creating a global leader in the robotics-based spine surgery market, Medtronic PLC is paying $58.50 per American Depository Share (each representing two ordinary shares; a 19% premium) to acquire the remaining 89% of Israeli device maker Mazor Robotics Ltd. that is doesn’t already own.
Deal Industry
  • Medical Devices
    • Implantable Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Acquisition
    • Includes Contract
    • Payment Includes Cash
    • Partial Acquisition

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