Pounds 761m Sn Cashback to Keep Faithful Sweet

Evening Standard - London › February 08, 2007

Linked as:

Summary

UNDER-FIRE hip replacements maker Smith Nephew today unwrapped a $1.5 billion (Pounds 761 million) sweetener for shareholders and declared itself fit to remain independent.

Since its failure in the takeover auction of US rival Biomet last year, the company has been the butt of repeated speculation that it is now vulnerable to takeover.

See the full content of this document

Extract

Pounds 761m Sn Cashback to Keep Faithful Sweet

But today, with plans to return $1.5 billion in share buyb...

See the full content of this document