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

POTENTIAL DEAL DETAILS

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.

Update(s):

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.

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