Posts Tagged 'Zimmer Holdings'

Zimmer takeover of Biomet halted by European Commission

Zimmer Holdings’ planned takeover of hip manufacturer Biomet Inc. has been halted by the European Commission due to lack of information. Zimmer intends to purchase Biomet for more than $13 billion despite the number of Biomet hip replacement lawsuits filed against the company. The takeover of Biomet would make Zimmer the second-largest orthopedic manufacturer behind Johnson & Johnson, which also faces hip replacement lawsuits.

Read more about the planned Biomet takeover…


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