ZimVie is weighing options including a sale after getting fresh takeover approaches, Vinicy Chan of Bloomberg reports, citing people with knowledge of the matter. The company is working with an adviser to explore alternatives after recently receiving interest from potential buyers including buyout firms and industry players, sources told Bloomberg. Shares of ZimVie are up 17%, or $2.55, to $17.35 following the report.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ZIMV: