Feb. 10, 2023 (Seeking Alpha)-- Globus Medical fell 3.4% on Friday after plunging 18% on Thursday after the announcement of an all-stock acquisition of NuVasive, prompting a slew of Wall Street downgrades. NuVasive dropped 3.8%. Globus (NYSE:GMED) was downgraded to hold at Needham, Loop, Piper Sandler, Truist, Wells Fargo, Canaccord and BTIG … [Read more...] about Globus Medical slide continues after a raft of downgrades post NuVasive deal
2023
Globus Medical acquires Nuvasive: Our first thoughts on this acquisition!
Recently, we published an article where we predicted that Globus could make an acquisition shortly. However, we could not imagine that it would be so fast and even less than the acquired company could be Nuvasive after the failed negotiations a year ago. First thoughts on this acquisition However, we congratulate Globus on that move. If you want to lead, you have to … [Read more...] about Globus Medical acquires Nuvasive: Our first thoughts on this acquisition!
5 French Company Logos that you will probably never see again…!
Around 400 companies compete in the global spine market. Over the years, we have seen mergers, acquisitions, and companies no longer in the market. Some time ago, we already did two articles about companies that had disappeared and were quite popular (5 company logos that you will probably never see again and 5 more company logos that you will probably never see … [Read more...] about 5 French Company Logos that you will probably never see again…!
What is our estimate of Spine’s market shares by the end of 2022?
First, we want to take the opportunity to wish you the best in this new year and thank you for following us! Today we are providing an estimate of the market shares at the end of 2022. We highlight that now this is only our estimations. Soon as the results of the complete 2022 come out, we will update this information with the official data. After these considerations, … [Read more...] about What is our estimate of Spine’s market shares by the end of 2022?
Orthofix and SeaSpine Announce Completion of Merger of Equals to Create a Leading Global Spine and Orthopedics Company
LEWISVILLE, Texas--(BUSINESS WIRE)-- Orthofix Medical Inc. (NASDAQ: OFIX) and SeaSpine Holdings Corporation today announced the successful completion of their previously announced merger of equals following the approval of each company’s stockholders at respective special meetings of stockholders held today. Of votes cast, 99% of SeaSpine common shares were voted in … [Read more...] about Orthofix and SeaSpine Announce Completion of Merger of Equals to Create a Leading Global Spine and Orthopedics Company