Trauson's shares jump 41% on news of Stryker's $764M offer

Yesterday, Stryker ($SYK) agreed to buy China's Trauson Holdings for $764 million, and the devicemaker's shares leapt 41% on the Hong Kong market, a record day for the orthopedics-focused company, according to Bloomberg. Stryker expects to close its acquisition of China's largest orthopedic device firm in the second quarter. Report

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