This will add about 3% to pro forma sales, as a $4.9 billion deal values the company at around 8 times sales, a modest premium on this multiple compared to Stryker. Looking at a long-term share ...
Stryker’s proposed acquisition of Inari kicks off medtech M&A in 2025 after a flurry of deals last year. Inari, based in Irvine, California, makes a variety of devices including catheter-based ...
To receive daily news and insights, subscribe to our free daily MedTech Dive newsletter. Stryker has agreed to acquire Inari Medical for approximately $4.9 billion, the company announced late Monday.
Portage, Michigan, Jan. 06, 2025 (GLOBE NEWSWIRE) -- Stryker (NYSE:SYK) announced that it will report financial results for its fourth quarter and full year 2024 on Tuesday, January 28 ...
NEW YORK, Jan 6 (Reuters) - Medical-device maker Stryker (SYK.N), opens new tab on Monday agreed to acquire Inari Medical (NARI.O), opens new tab, which makes devices that treat patients with ...
After professing a hearty appetite for tuck-in M&A last year and signing a string of smaller deals, Stryker is now opening its pocketbook a bit wider to acquire Inari Medical with its portfolio of ...
Stryker (SYK) confirmed an agreement to purchase Inari Medical (NASDAQ:NARI) for about $4.9 billion. Inari jumped 21% in after hours trading. The medical devices firm will pay $80 a share in cash ...
In mid-November 2023, India reached an agreement with the United States to locally produce 8×8 Stryker Armored Fighting Vehicles. Recently, during a visit by National Security Advisor Jake Sullivan to ...
(RTTNews) - Stryker (SYK), Monday said it reached a deal to buy Inari Medical, Inc. (NARI) for $80 per share in cash, representing an equity value of about $4.9 billion. According to Stryker ...
Stryker (SYK – Research Report), the Healthcare sector company, was revisited by a Wall Street analyst yesterday. Analyst Caitlin Cronin from Canaccord Genuity maintained a Buy rating on the ...
Smith Collection / Gado / Getty Images Shares of Inari Medical surged Monday afternoon and again Tuesday morning as reports of an imminent acquisition by Stryker turned into reality. Stryker will ...