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...Medical technology company Smith & Nephew has chosen John Rogers to succeed Anne-Françoise Nesmes as chief financial officer. He previously held the same role at WPP....
...In 2019, Namal Nawana, an Australian who had worked in the US, quit as chief executive of Smith & Nephew because the UK medical devices company could not meet his pay demands....
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...Smith & Nephew has held talks to buy NuVasive, a maker of medical instruments used in spinal surgery, in a deal that would be worth more than $3bn and mark the largest acquisition by the British medical...
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...Smith & Nephew “lowers growth outlook amid coronavirus uncertainty” and its shares are up more than 8 per cent....
...David Penna has rejoined the law firm Latham & Watkins in Washington, DC and New York as a partner in its finance department....
...The law firm Latham & Watkins hired Andrew Bishop as a partner in its private equity finance practice. He joins the Hong Kong office from White & Case....
...Of the large-cap health stocks, Vermeer Partners, another London-based wealth manager, favours medical device stocks Zimmer Biomet and Smith & Nephew, given that demand for elective surgery has been deferred...
...But in his 18-month stint at Smith & Nephew, Mr Nawana oversaw a 40 per cent increase in its share price....
...US outfits such as Cadwalader, Wickersham & Taft, Reed Smith, BCLP and Baker McKenzie have moved swiftly to cut both payouts for partners and salaries for more junior lawyers — going further than most UK...
...FTSE 100 group Smith & Nephew had an even worse April than ITV. April revenues for the medical devices maker dropped 47 per cent, as elective surgeries have come to a halt in many countries....
...The lockdowns imposed to contain the virus are likely to have hit sales of drugs that need a doctor to administer them, while the delay in non-essential surgeries has hurt others including Smith & Nephew...
...Latham & Watkins has added Eric Schwartzman to its M&A and private equity practice in the Bay area....
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...Law firm Latham & Watkins has appointed 12 new partners, including Elisabetta Righini, a lawyer in its antitrust and competition practice in Brussels. For a full list of the new partners click here....
...Latham & Watkins has hired Meghan Cocci as a partner in the law firm’s corporate department....
...Justin Stolte has rejoined Latham & Watkins in the law firm’s Houston office as a partner in the corporate department and member of the M&A practice. He was previously at Gibson, Dunn & Crutcher....
...Namal Nawana: competitive spirit UK medical devices maker Smith & Nephew seems keen to shift its listing to the US. That would give it a freer rein to raise the pay of chief exec Namal Nawana....
...Orrick has hired Latham & Watkins’ leveraged finance adviser Anthony Kay as a partner in London....
...Smith & Nephew states that ‘multiple [UK] private hospital groups [are] aiming for late June to restart’ – this is in line with our expectations given that the 14-week NHS deal started 30 March....
...Fitch joins from Latham & Watkins. Federal Trade Commission chairman Joseph Simons has appointed Ian Conner and Daniel Francis to the Bureau of Competition’s senior leadership team....
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