Stryker says no plan to bid for Britain's Smith & Nephew
LONDON May 28 (Reuters) - U.S. orthopedic implant maker Stryker Corp said it did not intend to make an offer for Smith & Nephew after a report in the Financial Times about takeover talks sent shares in the British group surging.
"At the request of the UK Takeover Panel, Stryker confirms that it does not intend to make an offer for Smith & Nephew," it said on Wednesday.
- Disruptive Hong Kong protests loom after China rules out democracy |
- Ukraine accuses Russia of 'open aggression' as rebels advance |
- Pakistani protesters clash with police, soldiers secure state TV |
- Europe holds nerve as Russia-Ukraine warnings ratchet up
- Dozens arrested at Made in America music festival in Los Angeles