Stryker Corporation (NYSE:SYK) executed a binding offer to acquire Serf from SAS Menix on December 18, 2023. In accordance with French law, the execution of any binding agreement would occur after the works council information-consultation process has been completed. The transaction is subject to customary closing conditions, including regulatory approvals and is expected to close during the first quarter of 2024.

Stryker Corporation (NYSE:SYK) completed the acquisition of Serf from SAS Menix on March 21, 2024.