K2M Group Holdings

Stryker closed its $1.4 billion acquisition of K2M, paying $27.50 per share. K2M will become a wholly owned subsidiary of Stryker.

Stryker announced a definitive merger agreement to acquire all shares of K2M Group Holdings for $27.50 per share, totaling approximately $1.4 billion.

K2M Group Holdings and LifeHealthcare Group Limited entered into a new five-year supply agreement for the distribution of K2M's spinal technologies in Australia and New Zealand.