Article: Warsaw, Ind.-Based DePuy Inc. to Issue Stock to Finance Acquisitions.(Originated from The News-Sentinel, Fort Wayne, Ind.)

FORT WAYNE, Ind.--Sep. 27--Warsaw orthopedic implant maker DePuy Inc. is preparing to issue stock to finance further expansions.

In documents filed this week with the Securities and Exchange Commission, the company outlined plans to issue an unspecified amount of stock to finance further acquisitions.

The company could not comment this morning on the size of the issue or when the stock sale might occur.

DePuy currently is part of Corange Ltd., a London-based health-care products company. After the public sale, Corange would retain at least 65 percent control of DePuy, according to the SEC filing.

In the filing, DePuy said it is one of the top ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!