Medtronic Goes Wide In China With $816M Device Maker Buy

By Kelly Rizzetta ( September 28, 2012, 2:49 PM EDT) -- Medical technology giant Medtronic Inc. will put up $816 million in cash to gain a firmer foothold in the Chinese medical device market by acquiring China Kanghui Holdings, a Chinese company that specializes in orthopedic implants, the buyer announced late Thursday. . . .

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