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Medical Instruments & Supplies M&A image Medical Instruments & Supplies M&A » By The Online Investor Staff, updated Tue., Apr. 30, 5:54 AM Recent mergers and acquisitions in the Medical Instruments & Supplies M&A category.

Slide #57. Stryker Corporation MAKO Surgical Corp.

Acquirer: Stryker Corporation (SYK)
Acquiree: MAKO Surgical Corp. (MAKO)
Details: MAKO Surgical Corp. (Nasdaq:MAKO) today announced a definitive agreement with Stryker Corporation (NYSE:SYK), by which Stryker will acquire all of the outstanding shares of MAKO for $30.00 per share in cash, for an aggregate purchase price of approximately $1.65 billion.

Stryker is a medical technology company. Co. has two segments: MedSurg and Neurotechnology and Orthopaedics and Spine. MedSurg products include surgical equipment, patient and caregiver safety technologies, and navigation systems, endoscopic and communications systems, patient handling, and emergency medical equipment and intensive care disposable products. Neurotechnology includes neurosurgical, neurovascular and craniomaxillofacial implant products. Orthopaedics products consist primarily of implants used in total joint replacements, such as hip, knee and shoulder, and trauma and extremities surgeries. Co.'s spinal implant offering includes cervical and thoracolumbar systems.

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Stryker is a medical technology company. Co. has two segments: MedSurg and Neurotechnology and Orthopaedics and Spine. MedSurg products include surgical equipment, patient and caregiver safety technologies, and navigation systems, endoscopic and communications systems, patient handling, and emergency medical equipment and intensive care disposable products. Neurotechnology includes neurosurgical, neurovascular and craniomaxillofacial implant products. Orthopaedics products consist primarily of implants used in total joint replacements, such as hip, knee and shoulder, and trauma and extremities surgeries. Co.'s spinal implant offering includes cervical and thoracolumbar systems.

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Company Name:  Stryker Corp
Stock buyback:  SYK buyback
Website:  www.stryker.com
Sector:  Medical Instruments & Supplies
Number of ETFs Holding SYK:  107
Total Market Value Held by ETFs:  $14.82B
Total Market Capitalization:  $128.21B
% of Market Cap. Held by ETFs:  11.56%
Company Name:  Mako Surgical Corp
Website:  www.makosurgical.com
Sector:  Medical Instruments & Supplies
 

April 30, 2024    5:54 AM Eastern
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