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Device maker Stryker has made a takeover approach to Boston Scientific: WSJ


(Reuters) - Device maker Stryker Corp has made a takeover approach to Boston Scientific Corp, the Wall Street Journal reported, citing people familiar with the matter. It is unclear whether Boston Scientific is receptive to the approach from Stryker, the paper reported. Shares of Boston Scientific, which had market value of $44 billion as of Friday's close, surged 9 percent at $34.85, while Stryker shares were down 3 percent at $173.50. Stryker had a market value of ...

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First Published: Mon, June 11 2018. 20:38 IST