Wednesday, February 25, 2015

Medical device maker Cyberonics to buy Italy's Sorin

Medical device maker Cyberonics Inc plans to buy Italian medical device company Sorin SpA in an all-stock deal to create a new company with a combined equity of $2.7 billion. The new company, in which Cyberonics will hold a 54 percent stake, will be domiciled in the UK and will apply for dual-listing on the Nasdaq and the London Stock Exchange, the companies said in a statement. Cyberonics ...



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