Stryker (NYSE:SYK), a global leader in medical technologies, announces a definitive agreement to sell its U.S. spinal implants business to Viscogliosi Brothers, LLC, a family-owned investment firm specializing in the neuro-musculoskeletal space, to create a newly formed company called VB Spine, LLC. The definitive agreement also includes a binding offer to acquire Stryker’s spinal implants business in France, subject to required consultations with employees and/or employee representatives. The sale of Stryker’s spinal implants business in other international markets is anticipated, pending satisfaction of legal and regulatory requirements, including any required consultations.
Read the full article: Stryker Announces Definitive Agreement for the Sale of Its U.S. Spinal Implants Business and Plans to Sell Related International Business //
Source: https://www.globenewswire.com/news-release/2025/01/28/3016759/0/en/Stryker-announces-definitive-agreement-for-the-sale-of-its-U-S-spinal-implants-business-and-plans-to-sell-related-international-business.html