Stryker announces definitive agreement to acquire Wright Medical

04-Nov-2019

Stryker (NYSE: SYK) announced today a definitive agreement to acquire all of the issued and outstanding ordinary shares of Wright Medical Group N.V. (NASDAQ: WMGI) for $30.75 (£23.92) per share, or a total equity value of approximately $4.0 billion (£3.1 billion) and a total enterprise value of approximately $5.4 billion (£4.2 billion) (including convertible notes). Wright Medical, which was founded in 1950, is a global medical device company focused on extremities and biologics. 

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