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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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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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