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BioWorld - Sunday, May 28, 2023
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Home » Speculation proves correct as Stryker agrees to hefty $5B buy of Wright Medical
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One of the largest med-tech deals of 2019

Speculation proves correct as Stryker agrees to hefty $5B buy of Wright Medical

Nov. 5, 2019
By Liz Hollis
No Comments
Stryker Corp. is making another big buy, this time picking up Wright Medical Group NV, of Amsterdam, for a total enterprise value of about $5.4 billion. The deal is expected to close in the second half of 2020, and its value exceeds Stryker's previous large deal – that of Leesburg, Va.-based K2m Group Holdings Inc. in 2018 for $1.4 billion.
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