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Boston Scientific to acquire additional stake in M.I.TECH from Synergy Innovation · Endata

◂ Announcements

May 16, 2023ACQUISITIONSouth Korea

Boston Scientific to acquire additional stake in M.I.TECH from Synergy Innovation

Boston Scientific agreed to acquire an additional stake in M.I.TECH Co., Ltd. from Synergy Innovation Co., Ltd. for KRW 46.1 billion on May 16, 2023.

Value

$230.0M (46.1B KRW)

Status

Announced

Productsmedical devices

CompaniesBoston Scientific acquirer M.I.Tech target Synergy Innovation partner

Sectors#Medical Devices

“Boston Scientific Corporation agreed to acquire an additional stake in M.I.TECH Co.,Ltd from Synergy Innovation Co., Ltd. for KRW 46.1 billion.”marketscreener.com

2 sources
marketscreener.comBoston Scientific Corporation agreed to acquire an additional stake in M.I.TECH Co.,Ltd from Synergy Innovation Co., Ltd. for KRW 46.1 billion | MarketScreenerS&P Capital IQMay 16, 2023
fiercebiotech.comBoston Scientific nixes $230M M.I.Tech acquisitionAndrea ParkMay 25, 2023

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

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