Medtronic Mulls Offer for Smith & Nephew -Bloomberg
June 04 2014 - 6:01PM
Dow Jones News
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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