Smith & Nephew Looks for Merger or Acquisition Deal

Smith & Nephew CEO Olivier Bohuon is looking for a merger/acquisition deal, according to a Mass Device report.

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According to the news report, the device giant is ready to commit to an acquisition priced at “$10 million to something much more significant” in order to expand its offerings in minimally invasive surgery. The company has $221 million in cash and equivalents as of June 30.

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