+ link to The Press Release
Post-deal numbers...
The largest combined Orthopedics company by a mile
Largest acquisition in J&J history
Merger will affect 22,000 employees worldwide
J&J/Depuy + Synthes = 28% market share in orthopedics (by comparison: SYK has 14% and ZMH has 13%)
Chairman Dr. Hansjorg Wyss, who controls 48% of Synthes, is now the richest man in Switzerland with a fresh $10B
Deal represents a 22% premium over the stock value before the announcement
J&J is paying 5.4X Synthes gross sales in 2010
The stock transaction details - each share of Synthes common stock exc...