dj Orthopedics IPO (initial public offering) will raise $150 million:
This article was originally published in Clinica
dj Orthopedics, a US sports medicine company that has lately developed a surgical division, will offer a total of $150 million of shares in its proposed Nasdaq flotation. The company will provide $130 million of shares while certain investors will put up $20 million worth. The company plans to pay off debt generated in its buyout from its former parent, Smith & Nephew.