Jan. 28 (Bloomberg) -- Shire Plc and Smith & Nephew Plc are among the top takeover candidates in the health-care industry, according to Matrix Corporate Capital LLP.
Advanced Medical Solutions Group Plc, Futura Medical Plc and Synairgen Plc also are among the companies that are the most likely to be bought, according to Navid Malik, an analyst for Matrix in London.
“There is the potential for a sustained period of M&A activity in the pharma and medical-devices sector,” Malik wrote in a report to clients today. “The sector has typically survived turbulent times by consolidating, and we believe we are on the verge of such a phase.”
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