UPDATE 3-Colfax churns its business with $3.15 bln purchase of medical device maker
18 Nov UPDATE 3-Colfax churns its business with $3.15 bln purchase of medical device maker
Posted at 22:07h
in
News
by KMFSLLP
Colfax Corp made a big bet on the
medical device industry with its $3.15 billion purchase of DJO
Global Inc, but its shares fell 15.2 percent as investors
worried about its shift away from its industrial roots to a
completely new sector.
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