“We do believe NuVasive is undervalued, the addition of Simplify would be welcome at Globus Medical and the management team at Globus would likely be able to pull a ton of costs of the combined entity but, at the end of the day, we simply do not see it happening,” Mr. He also noted that turnover in the sales personnel of the target company can make acquisitions in the spine space problematic. Piper Sandler analyst Matt O’Brien said the acquisition was unlikely to materialize because Globus Medical tends to pay “modest” prices for assets, according to a Nov. Two financial analysts predict Globus Medical’s potential deal to acquire NuVasive probably won’t happen, Seeking Alpha reported. Oct2023 – Globus announces that they are moving the NSO Aliso Viejo office to PA over the next 11 months.ĭec2021 – It is eerily quiet which usually means that execs are meeting offsite and due diligence is underway.ġ5Nov2021 – Globus makes public announcement that they are pursuing NuVasive. Send confidential notes to me at and I will scrub your name. This article will be updated as new information comes in. I have no dog in the fight and do not own either stock.
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