SYK, NARI

, NARI

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Date: --/--/-- --:--:--
Event Id: E5CZE7S3X
Action Type: ACQUISITION
Action Status: ANNOUNCED
Acquirer Symbol:
Target Symbol: NARI
Updated: --/--/-- --:--:--
Purchase Price Per Share: 80
Price Per Share Currency: USD
News References: https://www.globenewswire.com/news-release/2025/01/06/3004972/0/en/Stryker-announces-definitive-agreement-to-acquire-Inari-Medical-Inc-providing-entry-into-high-growth-peripheral-vascular-segment.html

Action Notes

Stryker has entered into a definitive agreement to acquire all of the issued and outstanding shares of common stock of Inari Medical, Inc. for $80 per share in cash. Under the terms of the agreement, Stryker will commence a tender offer for all outstanding shares of common stock of Inari for $80 per share in cash. Completion of the tender offer is subject to a minimum tender of at least a majority of then-outstanding Inari common shares, the expiration or termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act and other customary conditions. Following successful completion of the tender offer, Stryker will acquire all remaining shares not tendered in the offer through a second step merger at the same price as in the tender offer. The transaction is anticipated to close by the end of Q1 2025, subject to customary closing conditions.