Globus Medical To Merge With NuVasive In $3.1Bn All-Stock Deal Analysts Foresee Challenges

Analysts from Piper Sandler and BTIG noted that the proposed merger between Globus Medical and NuVasive raises concerns about cultural fit, approach to commercialization and profitability, as well as anti-trust issues.

M&A
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Globus Medical Inc., which develops and distributes musculoskeletal device solutions, announced plans to acquire its smaller competitor NuVasive, Inc. in an all-stock deal valued at about $3.1bn, combining complementary orthopedics and spine solutions to target the $50bn global musculoskeletal market.

Under the terms of the deal, announced on 9 February, San Diego, CA-based NuVasive shareholders will receive 0.75 per Globus...

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