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BioWorld - Friday, April 3, 2026
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Home » Wall Street punishes Colfax for $3.15B buy of orthopedics player DJO Global
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Wall Street punishes Colfax for $3.15B buy of orthopedics player DJO Global

Nov. 20, 2018
By Stacy Lawrence
Colfax Corp. shares plummeted 14 percent in early trading on the news that the technology conglomerate plans to purchase private equity-owned orthopedics company DJO Global Inc. (for DonJoy Orthopedics) for $3.15 billion in cash. The Annapolis Junction, Md.-based company sees DJO as the basis of a medical technology platform business; it's also evaluating strategic options for disposing of its existing air and gas handling business.
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