KM Financial Solutions | UPDATE 2-Colfax churns its business with $3.15 bln purchase of medical device maker
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UPDATE 2-Colfax churns its business with $3.15 bln purchase of medical device maker

UPDATE 2-Colfax churns its business with $3.15 bln purchase of medical device maker

Colfax Corp made a big bet on the
medical device industry with its $3.15 billion purchase of DJO
Global Inc, but its shares fell 16 percent as investors worried
about its shift away from its industrial roots to a completely
new sector.

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