a

Medtronic to Pay $816M for China Kanghui Featured

Written by  Jaimie Oh | September 28, 2012
Social sharing
Medtronic will pay approximately $816 million to acquire China Kanghui Holdings.  
The acquisition would expand Medtronic's offerings in orthopedic surgery and complement the company's existing presence in spine, neurosurgery, neuromodulation, advanced energy and surgical navigation. The total value of the transaction, net of Kanghui’s cash, is expected to be approximately $755 million.

More Articles on Orthopedic Devices:

Amedica Receives FDA Approval for Interbody Fusion Device

Smith & Nephew Devices Approved For Additional Indications

Alphatec Spine to Acquire Some Assets of Phygen

© Copyright ASC COMMUNICATIONS 2011. Interested in LINKING to or REPRINTING this content? View our policies here.

blog comments powered by Disqus