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Mergers & Acquisitions


Unilife to examine ‘strategic alternatives’

Unilife (NSDQ:UNIS) said today that interest from acquirers prompted it to tap Morgan Stanley & Co. as an advisor on potential “strategic alternatives” – financial code for seeking a buyer. “In keeping with the board’s commitment to act in the best interests of all shareholders, we have determined at this time that it is prudent to […]

Valeant Pharmaceuticals buys Synergetics

Synergetics jumps 53% on $166m bid from Valeant Pharmaceuticals

Ophthalmic and neurosurgical device maker Synergetics (NSDQ:SURG) said today that it agreed to a $166-million takeover bid by Valeant Pharmaceuticals (NYSE:VRX, TSE:VRX), sending SURG shares up 52.6% to $6.70 apiece in pre-market trading today. Valeant’s $6.50-per-share offer represents a 48.1% premium over Synergetics stock’s closing price yesterday of $4.39 per share and a 39.6% premium on its 3-month average. […]

HeartWare acquires Valtech Cardio

HeartWare inks $929m deal for Valtech Cardio’s mitral and tricuspid valves

HeartWare International (NSDQ:HTWR) said yesterday that it agreed to put roughly $929 million on the table for Israeli replacement heart valve maker Valtech Cardio. Terms of the deal call for an up-front payment of 4.4 million shares of HeartWare stock, which would be worth about $360 million at yesterday’s closing price of $81.81. The buyout also […]


Medtronic’s billion-dollar buying spree

Medtronic (NYSE:MDT) CEO Omar Ishrak has literally put his money where his mouth is since saying in early June that the world’s largest pure-play medtech maker would look for small-scale investments – $1.05 billion of that money, in fact. That’s Fridley, Minn.-based Medtronic’s announced spend on M&A since June 5, when Ishrak said the company would […]


Stryker closes Muka Metal buyout

Stryker (NYSE:SYK) said today it closed its purchase of Turkish hospital bed and stretcher maker Muka Metal for an undisclosed amount. Kayseri, Turkey-based Muka began producing hospital beds in 2004, and has expanded into patient handling equipment, stretchers and hospital furniture. The company, founded in 1966, developed the 1st wireless nurse calling system, and exports to 60 […]

Medtronic acquires Medina Medical

Medtronic pays $150m for Medina Medical

Medtronic (NYSE:MDT) yesterday said it agreed to pay $150 million to acquire Medina Medical and its embolization coil for treating brain aneurysms. The Medina device is a self-expanding mesh designed to fill the inside of an aneurysm. Menlo Park, Calif.-based Medina won CE Mark approval in the European Union for the device in September 2014, a month after naming […]

St. Jude Medical, Thoratec

US anti-trust regulators clear St. Jude’s Thoratec buy

U.S. Anti trust regulators cleared St. Jude Medical‘s (NYSE:STJ) $3.4 billion acquisition of Thoratec (NSDQ:THOR) as the HRS Act waiting period for the purchase expired on August 28, according to an SEC filing. The passing of the waiting period is the last antitrust hurdle for Little Canada, Minn.-based St. Jude’s purchase. The company said the acquisition is still […]