The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:** Finnish investment and insurance company Sampo could sell its property and casualty insurance arm If for about 12-14 billion euros ($16.6-19.4 billion), Sampo chief executive was quoted as saying on Thursday.** Medical device maker Zimmer Holdings Inc said it would purchase orthopedic products company Biomet Inc in a deal valued at about $13.35 billion to broaden its portfolio of products that treat bone and joint-related disorders.
Zimmer Holdings, Inc. (Zimmer) designs, develops, manufactures and markets orthopaedic reconstructive, spinal and trauma devices, biologics, dental implants and related surgical products. Shares of ZMH traded higher by 11.5% or $10.52/share to $101.97. In the past year, the shares have traded as low as $74.55 and as high as $98.95. On average, 1187780 shares of ZMH exchange hands on a given day and today's volume is recorded at 11671912.
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