Jan 17 Medical device maker Stryker Corp said it will buy Hong Kong-based Trauson Holdings Co Ltd for $764 million in an all cash deal, to expand in one of the fastest-growing markets for orthopaedic products in China.
Stryker will pay HK$7.50 ($0.97) for every share of Trauson.
Trauson's controlling shareholder, Luna Group, has agreed to tender 61.7 percent of Trauson shares.
Kraft withdraws offer to merge with Unilever
UPDATE 3-SpaceX launches rocket from historic NASA pad in Florida
CAPE CANAVERAL, Fla., Feb 19 A SpaceX Falcon rocket blasted off on Sunday from a Florida launch pad once used to send NASA astronauts to the moon, a step forward for billionaire entrepreneur Elon Musk and his company's goal of ferrying astronauts to the International Space Station. The 229-foot tall (70-meter) Falcon 9 soared off a seaside launchpad at the Kennedy Space Center at 9:39 a.m. ET (1439 GMT) carrying a Dragon cargo ship bound for the station.