Stryker (SYK) in Exclusive Talks To Buy Boston Scientific (BSX) Unit For $1.5 bln

Bloomberg reports that Stryker Corp. (SYK), a maker of artificial hips and knees, is in advanced talks to buy Boston Scientific Corp.’s (BSX) pain-management device unit for about $1.5 billion. Stryker would probably pay all cash and an agreement on the unit may be announced next week, sources with knowledge of the transaction told Bberg news.

Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.