Stryker to buy Pfizer unit for $1.9 billion: planned deal would make medical-products firm leader in the industry
Article Abstract:
Kalamazoo, MI-based orthopedic products and medical instruments firm Stryker Corp. has agreed to acquire Pfizer Inc.'s Howmedica unit for $1.9 billion. The move constitutes the latest in a stream of such deals in the medical products sector. Informed sources say that little-known Stryker won an auction for Howmedica, which is in a similar business. The acquisition will position Stryker as No. 1 or No. 2 in the medical-products sector.
Comment:
Has agreed to acquire Pfizer Inc.'s Howmedica unit for $1.9 billion
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
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Charter One to announce deal to buy Albank for about $1 billion
Article Abstract:
Charter One Financial Corp. is expected to purchase Albank Financial Corp. in an approximately $1 billion stock deal. The deal is reflective of the increasing consolidation trend that is taking place in the thrift industry. The acquisition will make Charter One the fourth-largest thrift in the US with assets worth approximately $23.6 billion. Albank has approximately $4.1 billion in assets.
Publication Name: The Wall Street Journal Western Edition
Subject: Business, general
ISSN: 0193-2241
Year: 1998
User Contributions:
Comment about this article or add new information about this topic:
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