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Inari in talks to be acquired by Stryker, Reuters reports

Inari in talks to be acquired by Stryker, Reuters reports

Stryker (SYK) is in advanced talks to acquire Inari Medical (NARI), which makes devices that treat patients with venous diseases, people familiar with the matter told Reuters’ Anirban Sen. A deal could be announced as soon as this week if the talks are successful, the sources said. Such a deal for Inari, which has a market value of almost $3B, would strengthen Stryker’s efforts to expand its offerings to treat a blood-vein clotting condition known as venous thromboembolism, the author notes. Inari shares are up over 20% after the news.

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