Swiss Takeover Board imposes Centerpulse timetable
This article was originally published in Clinica
Executive Summary
The Swiss Takeover Board (STB) has told Zimmer and Smith & Nephew that they must close their competing bids for Swiss orthopaedics group Centerpulse by August 25. The final result must be announced by September 17. The STB has also said that any eventual third contender must launch a bid by July 31.