Medtronic Mulls Offer for Smith & Nephew -Bloomberg

By Dow Jones Business News, 
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Medtronic Mulls Offer for Smith & Nephew -Bloomberg


Medtronic Inc. ( MDT ) is considering an offer for U.K. medical-device maker Smith & Nephew, Bloomberg News reported Wednesday, citing people familiar with the matter.

Smith & Nephew is aware of Medtronic's interest, two people told Bloomberg. Preparations by Medtronic for a possible bid are at an early stage, the people said.

Smith & Nephew recently traded at $96.10, up nearly 11%.

Full story at: www.bloomberg.com/news/2014-06-04/medtronic-said-to-evaluate-takeover-of-smith-nephew.html

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This article appears in: News Headlines

Referenced Stocks: MDT , SNN , SYK

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