# Stryker plans $4B acquisition of Wright Medical Group

Stryker Corp. announced its planned $4 billion purchase of Wright Medical Group. The UK competition watchdog expressed concerns about the deal's impact on the ankle replacement market.

- Type: Acquisition
- Announced: 2020-06-30
- Where: United Kingdom
- Value: $4.00B
- Status: announced
- Products: ankle replacements, medical technology
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Stryker](https://endata.com/companies/15355.md) (acquirer)
- [Wright Medical Group](https://endata.com/companies/29262.md) (target)

## Sources

- [law360.com](https://www.law360.com/articles/1288031/uk-watchdog-skeptical-of-stryker-s-4b-wright-medical-deal), 2020-06-30: "The U.K. competition watchdog said Tuesday it has concerns about the potential impact of medical technology outfit Stryker Corp.'s planned $4 billion purchase of Wright Medical Group on the market for ankle replacements in the country."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.