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Styker rumored to be mulling a bid for Smith & Nephew

  • Market chatter is building that Styker (SYK +1.8%) is exploring an offer for Smith & Nephew (SNN +2.7%), although the company denies it intends to submit a takeover bid as reported by the Financial Times.
Comments (1)
  • orthoavenger123
    , contributor
    Comments (4) | Send Message
     
    With the recent Zimmer takeover of Biomet, the pressure is certainly on S&N. Either they put themselves in buying mode to close the gap between them and Stryker in the orthopedic marketplace, or they will definitely become the target of an acquisition.
    28 May, 11:39 AM Reply Like
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