Zimmer Biomet Holdings (ZBH) to Spin Off Spine and Dental Businesses
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Zimmer Biomet Announces Intent to Spin Off Spine and Dental Businesses
February 5, 2021 6:31 AM ESTWARSAW, Ind., Feb. 5, 2021 /PRNewswire/ -- Zimmer Biomet Holdings, Inc. (NYSE and SIX: ZBH), a global leader in musculoskeletal healthcare, today announced its intention to spin off the Company's Spine and Dental businesses to form a new and independent, publicly traded company ("NewCo").  The planned transaction will enhance the focus of both Zimmer Biomet and NewCo to meet the needs of patients and customers and is expected to achieve faster growth and deliver greater value for all stakeholders.
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