Enovis Agrees To Acquire Privately Held Global Orthopedic Company LimaCorporate S.p.A.; Acquisition Has An Enterprise Value Of €800M
Portfolio Pulse from Benzinga Newsdesk
Enovis has agreed to acquire privately held global orthopedic company LimaCorporate S.p.A. The acquisition has an enterprise value of €800M.
September 25, 2023 | 10:08 am
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POSITIVE IMPACT
Enovis is acquiring LimaCorporate S.p.A., a global orthopedic company, for €800M. This could potentially expand Enovis's market presence and product portfolio.
Acquisitions often lead to an increase in the stock price of the acquiring company due to the potential for increased market share, expanded product offerings, and improved financial performance. Therefore, this acquisition could potentially have a positive impact on Enovis's stock price in the short term.
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