Stryker Corp., a manufacturer of medical devices, has agreed to purchase Sage LLC Products for $ 2.78 billion in cash from its private equity owner Madison Dearborn Partners. The purchase will come with a $ 500 million tax benefit for Stryker, based in Kalamazoo, Mich., The company said in a …
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Medical device maker Stryker buys Sage Products for $ 2.78 billion
(Reuters) – Medical device maker Stryker Corp SYK.N said it would buy medical supply maker Sage Products LLC for $ 2.78 billion, seizing a major player in the market for products intended to help hospitals control the spread of infections. The purchase, from private equity firm Madison Dearborn Partners, is …
Read More »Stryker Corp. Kalamazoo buys Sage Products for $ 2.8 billion
Based on Kalamazoo Stryker Corp. (NYSE: SYK) announced Monday that it has agreed to buy Sage LLC Products, a manufacturer of products to prevent nosocomial diseases, for nearly $ 2.8 billion in cash. Stryker, a leading medical technology company, purchases Sage, which is based in Cary, Ill., From Madison Dearborn …
Read More »Stryker to Pay $ 2.8 Billion for Sage Products ‘Never Event’ Devices
Stryker (NYSE:SYK) said today it has signed an agreement to pay nearly $ 2.78 billion for Sage Products and its line of disposable devices designed to reduce so-called “never-before-seen events” in intensive care and nursing homes. surgery. Sage, based in Cary, Ill., Manufactures products for oral care, skin preparation and …
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