Smith & Nephew Share Discussion Threads

[scrapman] 05/6/2014 08:50

Bloomys take on it

[leeson31] 05/6/2014 08:34

well that the top visited from the other days spike.. big gap now.. only watching this though now..

[scrapman] 05/6/2014 08:30

will this motivate JNJ to step in ??

Medtronic Inc. (MDT) is considering an offer for U.K. medical-device maker Smith & Nephew, Bloomberg News reported Wednesday, citing people familiar with the matter.

Smith & Nephew is aware of Medtronic's interest, two people told Bloomberg. Preparations by Medtronic for a possible bid are at an early stage, the people said.

Smith & Nephew recently traded at $96.10, up nearly 11%.

Full story at: www.bloomberg.com/news/2014-06-04/medtronic-said-to-evaluate-takeover-of-smith-nephew.html

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[abcd1234] 05/6/2014 07:30

Medtronic according to Bloomberg

[knighty0001] 04/6/2014 18:57

Athrocare is also s&n's biggest acquisition to date. No stopping Olivier in taking this company places. Watch out for future acqisitions.

[scrapman] 04/6/2014 13:18

just in case any one else interested: from reuts mid day

Bucking the weaker overall market was medical devices manufacturer Smith & Nephew (S&N), which rose 2 percent.

Traders attributed S&N's gains to a research note from JP Morgan, whose analysts said speculation of a possible bid from rival Stryker could provide support for the stock over the next three to six months.

JP Morgan also mentioned upbeat comments from S&N's management, who said the company could win market share due to disruption caused by sector consolidation, such as Zimmer's bid for Biomet.

[leeson31] 04/6/2014 09:11

i think this will prob get to 1120p, being the peak high it made the other day when it spiked... thens ee where it goes..

[scrapman] 04/6/2014 09:09

22p up on 500k turnover , someones still happy to chase it seems

[scrapman] 30/5/2014 16:41

mid day comments:

But Smith & Nephew PLC shares again topped the FTSE 100 as they rose 1.9%. The shares have jumped nearly 10% since Wednesday on speculation that the artificial-joint maker will land an acquisition bid. Medical-device maker Stryker Corp.'s (SYK) chief told Fox Business on Thursday that his company had worked on a possible bid for its U.S. rival, but a formal offer hasn't materialized.

[scrapman] 30/5/2014 11:03

and from the Telegraph:

Takeover speculation took over markets yesterday as more US companies looked across the pond for their next targets.

Smith & Nephew (S&N) extended its gains for a second day and topped the FTSE 100 after press reports of a planned takeover bid from US rival Stryker.

Traders said the return of takeover speculation would continue to support S&N shares.

"There have been bid rumours in Smith & Nephew for ages," Mark Ward, head of execution trading at Sanlam Securities, said. "People are buying on the back of that."

That led the London-listed maker of artificial knees and hips to finish the day up 35.5, or 3.6pc, to £10.29.

[scrapman] 29/5/2014 12:09

Man Group (EMG) was up 5.04% to 99.58% on confirming it was in talks concerning the possible acquisition of Numeric Holdings. Smith & Nephew (SN.) was up 4.33% to 1036.5p on speculation the withdrawal of bid interest from Stryker could put Zimmer in the frame.

[scrapman] 28/5/2014 16:48

more weirdness today , wonder whats in store tomorrow

[knighty0001] 28/5/2014 14:52

That was an interesting ride.

[leeson31] 28/5/2014 14:27

lol that has worked out well for me now..

[abcd1234] 28/5/2014 14:25

rns....Stryker says No bid

[leeson31] 28/5/2014 14:18

volumes suddenly kicked in!!! but i had a limit set at 1055p and im out now lol. i didnt think it'd rise that quick! something afoot!

[abcd1234] 28/5/2014 14:17

sommat's up...

[scrapman] 28/5/2014 14:02

hellooooo !! any news or fat finger syndrome?

[scrapman] 27/5/2014 11:16

posted 24 April

Smith & Nephew jumps on news of Zimmer bid for Biomet
Talk of further sector consolidation follows new $13.35bn US healthcare deal





The spate of deals, real and reported, in the pharmaceutical sector has spilled over into another part of the healthcare world.

Medical device maker Zimmer has announced a $13.35bn deal to buy US orthopaedic products group Biomet.

The news has put the spotlight on Smith and Nephew, which specialises in hip and knee implants and wound management and rejected a £15bn merger with Biomet in 2011. S&N has often been tipped as a takeover target, with another US group Johnson & Johnson offering £7bn for the business just before the Biomet proposal.

S&N's shares have jumped 30p to 909.5p as news of the Zimmer deal prompted renewed speculation of consolidation in the sector.



article from guardian

[leeson31] 22/5/2014 16:06

goin' for it!

[luckymouse] 22/5/2014 16:01

M&A fever in this sector

Talk of both bids and break ups to realise value