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Smith & Nephew To Spin Off Biologics Unit
Wednesday, January 4, 2012 - 8:13am | 74Read More...Smith & Nephew PLC (NYSE: SNN) announced its plans to spin off its biologics division into a joint venture. The new entity will be called Bioventus LLC. It will be 51% owned by Essex Woodlands and 49% by Smith & Nephew. The transaction is likely to complete in the next few months and is...
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MDR Recovers After Falling On The Completion Of Spin-Off
Monday, August 2, 2010 - 1:59pm | 281Read More...Shares of McDermott International Inc (NYSE: MDR) have recovered after tumbling in early market trade. The shares fell sfter the company announced the completion of the spin-off of its power generation systems and government operations segments. The company has finished the spinoff through the...
