M&A
confidence high
sentiment positive
materiality 0.75
Stryker to acquire Inari Medical for $80/share cash, ~$4.9B equity value
STRYKER CORP
- Stryker will pay $80 per share in cash for all outstanding Inari shares; total fully diluted equity value ~$4.9B.
- Transaction expands Stryker into peripheral vascular segment, adding VTE thrombectomy solutions.
- Boards of both companies unanimously approved; transaction expected to close by end of Q1 2025.
- Tender offer requires majority share minimum tender, HSR waiting period expiration, and other customary conditions.
- Inari (NARI) shareholders will receive $80/share; remaining shares acquired via second-step merger at same price.