IN BRIEF: Smith & Nephew completes Integrity Orthopaedics acquisition
Smith & Nephew PLC - Watford, England-based medical device manufacturer - Completes the acquisition of sports medicine business Integrity Orthopaedics Inc, in a deal worth up to USD450 million. Smith & Nephew announced the acquisition of the US-based firm on January 12, expecting the deal to complete before the end of the month. The transaction included an initial cash payment of USD225 million, and additional performance-based payments up to USD225 million over the next five years. Read More