Wright Medical Group N.V. plans to sell its Tornier hip and knee business to Corin Orthopaedics Holdings Limited for roughly €29.7 million (US$33 million), marking the second time Wright has stepped out of the large joint business. The business represents just 5 percent of Wright's overall sales, the company noted. The sale is expected to close around the end of the third quarter or early in the fourth quarter. Read More
