Stryker Offers $771M For Hong Kong Orthopedics Maker

Law360, New York (January 17, 2013, 10:39 PM EST) -- Michigan-based medical device maker Stryker Corp. has launched a voluntary tender offer worth up to $771 million for the outstanding shares of Trauson Holdings Co. Ltd., a Hong Kong-based company that manufactures trauma and spine orthopedic implants, the parties said Thursday.

If accepted, the all-cash offer would give Stryker control of the top trauma equipment company in China, with a strong position in its fast-growing orthopedics market, according to a statement from the would-be buyer.

“The acquisition of Trauson is a critical step toward broadening our...
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