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Stryker in advanced talks to acquire Inari Medical - Reuters By Investing.com

  • Stryker is in advanced talks to acquire Inari Medical, a company that produces devices for venous diseases, as reported by Reuters.
  • If successful, the acquisition announcement could be made this week, with Stryker agreeing to pay approximately $4.9 billion for Inari Medical.
  • Under the deal, Stryker would acquire all of Inari's shares for $80 per share in cash, a premium of over $30 from the closing price on Friday.
  • Stryker CEO Kevin Lobo stated that Inari's innovations will elevate care standards for venous thromboembolism patients and accelerate Stryker's impact in endovascular procedures.
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