Zimmer Biomet to Buy LDR for $1 Billion, Adds Spine Devices

Updated on
  • Acquisition would make Zimmer No. 5 in spine market: analyst
  • Transaction expected to close in third quarter of 2016

Zimmer Biomet Holdings Inc. agreed to buy LDR Holding Corp. for about $1 billion in cash to add surgical technologies for the treatment of patients with spine disorders.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.