DSM Acquires Kensey Nash for $360M

Spinal Tech

Royal DSM, a global life sciences and materials sciences company, has acquired biomedical company Kensey Nash for $360 million. The Kensey Nash board of directors unanimously recommended the offer for DSM to acquire all outstanding shares of the company. The agreed price represents a premium of 33 percent to Kensey Nash's closing share price yesterday.

The acquisition with strengthen DSM's biomedical business.

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