WILL JEFF BINDER FOLLOW BLACKSTONE TO CHINA? (Orthopedics This Week)
Is Biomet, Inc., CEO Jeff Binder going to China?
Xinrong Best Medical Instrument Co.
Blackstone Group LP, the lead Wall Street banker in the Biomet, Inc. private equity ownership group, announced on September 23, 2014 that it was acquiring an “unspecified” stake in China’s Xinrong Best Medical Instrument Co. Xinrong is a Chinese-based developer of orthopedic implants with trauma, spine and joint applications. Published reports quoting insiders say the deal is for $100 million.
With Zimmer Holdings, Inc.’s $13 billion offer to...
The Orthopedics Industry 
