Colfax churns its business with $3.15 billion purchase of medical device maker

Colfax Corp made a big bet on the medical device industry with its $3.15 billion purchase of DJO Global Inc, but its shares fell 15.2 percent as investors worried about its shift away from its industrial roots to a completely new sector.

from Reuters: Money News https://ift.tt/2PBtcjq
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