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New Deal


Announced

Completed

Smith+Nephew completed the acquisition of Tusker Medical for $138m.

Financials

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Transaction Value£107m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

hearing devices

Acquisition

Majority

Medical Equipment

Private

Single Bidder

Friendly

medical equipment

Completed

Disposal

Private Equity

Cross Border

Synopsis

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Smith+Nephew, a medical technology company, completed the acquisition of Tusker Medical, a manufacturer of ear tubes, for $138m. "I am immensely proud of the pediatric-focused technology that we have developed. Smith+Nephew is well-placed to accelerate and broaden the launch of Tula and we look forward to working together to improve the quality of life of the millions of children who suffer from ear infections every year," Amir Abolfathi, Tusker President and CEO.

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