Baxter International Buying ApaTech
Baxter International Inc. (NYSE: BAX) has agreed to acquire ApaTech, a UK-based developer of orthopedic implants. The deal is valued at upwards of $330 million, including an up-front cash payment of $240 million. The company had raised around $70 million in VC funding, with current shareholders including Encore Ventures (via acquisition of 3i portfolio position) and HealthCor Partners.
1 March 2010•3 mins read
