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Smith & Nephew PLC - Watford, England-based medical device manufacturer - Completes the acquisition of sports medicine business Integrity Orthopaedics Inc, in a deal worth up to $450 million. Smith & Nephew announced the acquisition of the US-based firm on January 12, expecting the deal to complete before the end of the month. The transaction included an initial cash payment of $225 million, and additional performance-based payments up to $225 million over the next five years. ‘The acquisition supports Smith & Nephew’s RISE strategy to accelerate growth through strategic investment and portfolio leadership, and will be an important building block in our ambition to become the global leader in sports medicine,’ says Smith & Nephew. Current stock price: 1,211.00 pence, up 0.9% on Wednesday in London 12-month change: up 17% Copyright 2026 Alliance News Ltd. All Rights Reserved.
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