Dental Implant Maker Osstem in Talks for to Acquire ZimVie
- Discussions are at an advanced stage; financing is in place
- ZimVie has been working with an adviser to explore options
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Dental implant maker Osstem Implant Co. is in advanced talks to acquire New York-listed peer ZimVie Inc., according to people with knowledge of the matter.
The discussions follow South Korea-based Osstem submitting a final bid for ZimVie and lining up financing for a potential deal, the people said, asking not to be identified as the information is confidential. While the talks are advanced, they could still fall apart and other suitors could emerge, the people said.