Wright Medical (NSDQ:WMGI) said today that it closed the $32.3 million sale of its large joints business to Corin Orthopaedics Holdings last week, for net proceeds of about $20 million. The €29.7 million transaction involves legacy Tornier hip and knee implants acquired when Wright and Tornier merged in a $3.3 billion deal in October 2015. Wright itself got out […]
Wright Medical deals large joint biz to Corin Orthopaedics for $33m
Wright Medical (NSDQ:WMGI) said today that it agreed to deal its large joints business to Corin Orthopaedics Holdings for about $33 million in cash. The €29.7 million transaction, which is expected to close by the end of the 3rd quarter or early in the 4th quarter, involves legacy hip and knee implants from Tornier; Wright and Tornier merged […]
