Corin Orthopaedics to Acquire Wright Medical’s Hip and Knee Assets

Wright Medical (WMGI) received a binding offer under which Corin Orthopaedics would acquire WMGI's large joints (hip/knee) business. This includes the entire legacy Tornier large joints business for €29.7MM in cash (~US $33MM), yielding net after-tax proceeds to WMGI of ~$20MM. The proposed transaction is expected to close by early...

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Julie Vetalice is ORTHOWORLD's Editorial Assistant. She has covered the orthopedic industry for over 20 years, having joined the company in 1999.

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