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.

From other sites
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 2014, 11:39 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs