Kinetic Medical to acquire Elliquence for $77.2M

Chinese medical device manufacturer Kinetic Medical will acquire 100% of New York-based Elliquence for $77.2 million in cash. Elliquence specializes in endoscopic spine products.

“Kinetic will pay USD77.2 million in cash for a 100 percent stake in Elliquence, which specializes in endoscopic spine products.”www2.yicaiglobal.com

• 1 source
• www2.yicaiglobal.comKinetic to Aims to Grow Medical Device Product Range With Elliquence BuyoutTang ShihuaJun 5, 2018

Summarized from public sources; check the original articles before acting on it.