FT: Smith & Nephew In Talks To Buy NuVasive For Over $3 Bln (FT.com)
Smith & Nephew (SN.L) has held talks to buy medical instruments maker NuVasive in a deal that would be worth more than $3 billion, the Financial Times reported, citing people with direct knowledge of the talks.
The exact terms of any discussions could not be learned and talks between the two sides may fall apart, the report stated.
If a deal is reached, the acquisition reportedly would signify the first major move by S&N's chief executive Namal Nawana since he took up the post less than a year ago.
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