ZimVie shares surge after go-private deal with Archimed

Zimvie

21/07/2025 16:24

** Shares of dental products maker ZimVie ZIMV.O more than double to $18.76

** Co agrees to be taken private by Archimed, an investment firm focused exclusively on healthcare industries

** ZimVie stockholders to get $19 in cash for each ZimVie share, corresponding to an enterprise value of about $730 million

** Equity value of deal, expected to close by year-end, is about $530.5 million

** The company has 27.92 million shares outstanding, according to data compiled by LSEG

** Including the session's move, ZIMV stock is up 34.4% YTD

 (Reporting by Padmanabhan Ananthan)

 ((Padmanabhan.Ananthan@thomsonreuters.com))