Subscribe Today

Get our free articles delivered directly to your email!

Continue reading

According to Bloomberg, ShockWave Medical (SWAV) is weighing a deal following takeover approach

  • January 8, 2022


StockShockWave Medical, Inc.SymbolSWAV
Date Announced01/07/2022Source Bloomberg
TypeNews Report

Shockwave Medical Inc. (SWAV) is weighing a potential deal after receiving takeover interest. The company has been working with an adviser to study possibilities including a merger or partnership with another healthcare company, people familiar with the matter said.


January 8, 2022: Medical device maker Penumbra Inc. (PEN) is exploring a combination with Shockwave Medical Inc., people with knowledge of the matter said.

January 10, 2022: Penumbra, Inc. (PEN) announced that Penumbra is not in discussions with Shockwave Medical to pursue a business combination or similar transaction.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.