Smith and Nephew CEO Reiterates Independence Amid Takeover Speculation (MedDeviceOnline)
The chief executive of London-based Smith & Nephew (S&N) reportedly describes ongoing M&A talk about the company as disruptive, and vows S&N would resist any takeover attempt, remaining independent amid consolidation in the orthopedics market.
In an interview with the Financial Times (FT), S&N CEO Olivier Bohuon, regarding continued speculation, said, “It has disrupted our sales force because every day they are with [competitors] who are saying, ‘By the way, we are going to buy you.’” H...
