Earnings Scheduled For January 11, 2021 benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
- (NO)
Norway sold NOK2.0B vs. NOK2.0B indicated in 6-month bills; Avg Yield: 0.09% v 0.05% prior; Bid-to-cover: 2.85x v 1.72x prior
Looking Ahead
- 06:00 (IL) Israel to sell bonds
- 06:25 (BR) Brazil Central Bank Weekly Economists Survey
- 06:45 (US) Daily Libor Fixing
- 07:00 (MX) Mexico Nov Industrial Production M/M: 0.8%e v 2.0% prior; Y/Y: -4.2%e v -3.3% prior; Manufacturing Production Y/Y: -2.4%e v -1.3% prior
- 08:00 (UK) Daily Baltic Dry Bulk Index
- (MX) Mexico Dec Nominal Wages: No est v 5.2% prior
- 08:00 (IN) India announces details of upcoming bond sale (held on Fridays)
- 08:00 (ES) Spain Debt Agency (Tesoro) size announcement on upcoming issuance
Tuesday, December 15, 2020
A. Federal Trade Commission (FTC)
Consent decree for Stryker Corp. to divest assets as part of $4 billion acquisition of Wright Medical Group N.V.
On Nov. 3, 2020, the FTC announced that it would require Stryker Corp. and Wright Medical Group N.V. to divest assets related to Stryker’s total ankle replacements and finger joint implant products to remedy antitrust concerns that Stryker’s proposed $4 billion acquisition of Wright would harm competition in those markets. The FTC consent decree requires the divestiture of those assets to DJO Global, Inc., permitting it to become an independent, viable, and effective competitor to Stryker. The proposed consent decree also requires Stryker to supply DJO Global with transition assistance and to act as an intermediary supplier until DJO Global obtains FDA approval to be the legal manufacturer of the divested products