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via finance.yahoo.comBusiness & Companies

Smith & Nephew: Johnson & Johnson merger collapses, Deepak Nath backed as CEO

FROM THE WIRE · FINANCE.YAHOO.COM

Smith & Nephew has delivered a 39.1% gain over the past three years, yet the real question for anyone looking at the stock today is how well that share price lines up with the cash the business can generate. With fresh headlines around a collapsed merger proposal with Johnson &…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralThe failed merger keeps the group independent, affecting its future cash flow outlook.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The company decided not to proceed with the Johnson & Johnson tie-up.
  2. 02Deepak Nath was backed as CEO.
  3. 03The stock gained 39.1% over the past three years.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Smith & Nephew plcSN.LSEStock1,153.00 GBpMarket closedtoday +1.68%Neutral
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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