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Smith & Nephew pays $275mm for Blue Belt
09 Sep 2020
Executive Summary
In an effort to become a leading player in the orthopedic robotics surgery market, Smith & Nephew PLC is acquiring closely held surgical device developer Blue Belt Technologies Inc. for $275mm. S&N will fund the deal with existing debt facilities.
Deal Industry
- Medical Devices
-
Medical Devices
- Surgical Equipment & Devices
Deal Status
- Final
Deal Type
-
Acquisition
- Full Acquisition
- Payment Includes Cash
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Smith & Nephew pays $275mm for Blue Belt
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