Osstem in Advanced Talks to Acquire ZimVie

Reported 3 months ago

Osstem Implant Co., a leading dental implant manufacturer from South Korea, is in advanced negotiations to purchase ZimVie Inc., a New York-listed competitor. Following Osstem's submission of a final bid and financing arrangements, ZimVie's shares saw a significant rise, reflecting heightened market interest. The outcome remains uncertain as discussions could still collapse or attract other bidders.

Source: YAHOO

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