Orthofix International (OFIX +4%) agrees to sell its sports medicine business to private-equity...

|About: Orthofix International N.V. (OFIX)|By:, SA News Editor

Orthofix International (OFIX +4%) agrees to sell its sports medicine business to private-equity firm Water Street Healthcare Partners for $157M in cash, as the company refocuses its strategy on its spine and orthopedic units.