Biomet’s bribery charges gets in the way of the Zimmer-Biomet acquisition

BIOMET BRIBERY CHARGES OVERSHADOW RUMORS OF EU ZIMMER ACQUISITION APPROVAL (Orthopedics This Week) Timeline of DOJ versus Orthopedic Companies Unnamed sources say European antitrust regulators have decided to give conditional approval to Zimmer Holdings, Inc.’s proposed $13.4 billion takeover of Biomet, Inc. Reuters reported on March 18, 2015 that two people, “with knowledge of the matter,” informed the news organization of the pending approval. Zimmer sweetened its concessions to the Europeans in December by proposing to sell one unicompartmental knee brand and one elbow brand in Europe, as w...


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