The Online Investor
Healthcare M&A image Healthcare M&A » By The Online Investor Staff, updated Fri., Mar. 29, 9:33 AM Recent mergers and acquisitions in the Healthcare M&A category.

Slide #22. Zimmer Holdings, Inc. Biomet, Inc.

Acquirer: Zimmer Holdings, Inc. (ZMH)
Acquiree: Biomet, Inc.
Details: Zimmer Holdings, Inc. (NYSE and SIX: ZMH) ("Zimmer" or the "Company") and Biomet, Inc.'s parent company ("Biomet") today announced that their respective Boards of Directors have approved a definitive agreement under which Zimmer will acquire Biomet in a cash and stock transaction valued at approximately $13.35 billion, including the assumption of net debt. The transaction, which is subject to customary closing conditions and regulatory approvals, is expected to close in the first quarter of 2015.

Zimmer Holdings is engaged in the design, development, manufacture and marketing of orthopaedic reconstructive, spinal and trauma devices, biologics, dental implants and related surgical products. Co.'s primary customers include orthopaedic surgeons, neurosurgeons, oral surgeons, dentists, hospitals, stocking distributors, and healthcare dealers. Co. manages its operations through three geographic segments: the Americas, which is comprised of the U.S. and includes other North, Central and South American markets; Europe, which is comprised of Europe and includes the Middle East and African markets; and Asia Pacific, which is comprised of Japan and includes other Asian and Pacific markets.

Open the ZMH Page at The Online Investor »

Company Name: 
Zimmer Holdings, Inc.
Website: 
www.zimmer.com
Sector: 
Medical Instruments & Supplies
 

Open the ZMH Page at The Online Investor (in a new window) »

Quotes delayed 20 minutes

Email EnvelopeFree ZMH Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts

Buy (3.42 out of 4)
100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data;
powered by Xignite

Healthcare M&A - Slide 22 of 100 Page | www.TheOnlineInvestor.com

Copyright © 1998 - 2024, All Rights Reserved
Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.