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Sulzer acquires Spine-Tech for $595mm
13 Jul 1999
Executive Summary
In an effort to expand its presence in the spinal implant market, Swiss device company Sulzer Medica has acquired spinal fusion cage maker Spine-Tech for $595mm cash, or $52 a share (a (pr)13% premium to the $45.50 price a day before announcement).
Deal Industry
- Medical Devices
-
Medical Devices
- Implantable Devices
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Payment Includes Cash
- Payment Includes Stock
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