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United Kingdom

Smith & Nephew PLC (SN.L)

SN.L on London Stock Exchange

1,282.00GBp
15 Dec 2017
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Wed, Dec 6 2017

BRIEF-Smith & Nephew announces acquisition of Rotation Medical Inc​

* ‍ACQUISITION COST IS $125 MILLION AND UP TO A FURTHER $85 MILLION OVER NEXT FIVE YEARS, CONTINGENT ON FINANCIAL PERFORMANCE​ Source text for Eikon: Further company coverage: (Bangalore.newsroom@thomsonreuters.com)

Under pressure Smith & Nephew to focus on efficiency

LONDON Smith & Nephew said no major surgery is required for the artificial knee and hip maker to deliver shareholder value, even as it reported lacklustre sales that increase pressure on the company reportedly being stalked by activist investor Elliott.

UPDATE 2-Under pressure Smith & Nephew to focus on efficiency

* Says full-year growth will be at lower end of 3-4 pct guidance

BRIEF-S&N CEO will not confim if activist investor Elliott has stake

* Ceo says cost savings plan will be finalised by year-end results in feb

Smith & Nephew sees full-year growth at lower end of guidance

LONDON, Nov 3 European hip and knee maker Smith & Nephew said on Friday its growth for the year would be at the lower end of its guidance after reporting a 3 percent rise in revenue for the third quarter, just missing average market expectations.

Smith & Nephew to buy Rotation Medical for up to $210 million

LONDON Medical technology group Smith & Nephew , which some investors believe should streamline operations to make itself a more attractive takeover target, said on Monday it was buying a U.S. sports injury business for up to $210 million (£159 million).

UPDATE 1-Smith & Nephew to buy Rotation Medical for up to $210 mln

LONDON, Oct 23 Medical technology group Smith & Nephew, which some investors believe should streamline operations to make itself a more attractive takeover target, said on Monday it was buying a U.S. sports injury business for up to $210 million.

Smith & Nephew to buy Rotation Medical for up to $210 mln

LONDON, Oct 23 Medical technology group Smith & Nephew, which has been urged by activist investor Elliott Management to shed some operations according to media reports, has agreed to buy a U.S. tissue repair business for up to $210 million.

BRIEF-Smith & Nephew says to buy Rotation Medical Inc​

* ‍ENTERED INTO A DEFINITIVE AGREEMENT TO ACQUIRE ROTATION MEDICAL INC​

Elliott Management builds stake in Smith & Nephew - Bloomberg

Hedge fund Elliott Management Corp has built a stake in artificial hip and knee maker Smith & Nephew Plc , Bloomberg reported on Tuesday, citing people familiar with the matter.

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