(BFW) Straumann, Smith & Nephew May Be Next M&A Targets: Bernstein


Straumann, Smith & Nephew May Be Next M&A Targets: Bernstein
2014-09-22 06:41:55.192 GMT


By Allison Connolly
Sept. 22 (Bloomberg) -- M&A trend in med tech sector not
over yet, with Smith & Nephew, Straumann as possible targets,
Bernstein says in note following its European Strategic
Decisions conf. last week.
* Bernstein: Stryker may come back for Smith & Nephew once
lockout period expires in late Nov.; could also trigger
interest from J&J
* Danaher’s acquisition of Nobel Biocare makes takeout of
Straumann more likely in the future
* Siemens Hearing business IPO this fall opens up
possibility for different combos within hearing aid
industry

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To contact the reporter on this story:
Allison Connolly in London at +44-20-3525-7043 or
aconnolly4@bloomberg.net
To contact the editors responsible for this story:
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jludden@bloomberg.net
James Cone