Mergers & Acquisitions Mergers & Acquisitions

Stryker's concessions to seal UK approval for Wright Medical accepted by UK CMA

By Victoria Ibitoye
  • 04 Nov 2020 05:21
  • 04 Nov 2020 05:21
Concessions offered by Stryker to address the UK antitrust regulator's concerns about its merger with Wright Medical have been accepted.

The Competition and Markets Authority said today it is satisfied that Stryker’s proposed divestment of its ankle-replacement business to US peer Colfax will address its competition concerns.

Stryker agreed to buy Wright Medical in

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