Latest news with #ARCHIMED
Globe and Mail
22-07-2025
- Business
- Globe and Mail
ZIMVIE INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of ZimVie Inc.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ('KSF') are investigating the proposed sale of ZimVie Inc. (NasdaqGS: ZIMV) to an affiliate of ARCHIMED. Under the terms of the proposed transaction, shareholders of ZimVie will receive $19.00 in cash for each share of ZimVie that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company. If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ( toll free at any time at 855-768-1857, or visit to learn more. To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit
Yahoo
22-07-2025
- Business
- Yahoo
ARCHIMED to acquire life sciences company ZimVie for $730m
Healthcare investment company ARCHIMED's affiliate is set to acquire ZimVie, a life sciences company focusing on the dental implant market, for an enterprise value of around $730m. According to the definitive agreement signed by the companies, the stockholders of ZimVie will be entitled to a $19.00 cash payment for each outstanding share when the transaction is finalised. The price per share signifies a premium of 99% to ZimVie's 90-day volume-weighted average share price, which stands at $9.57. ZimVie's Board of Directors granted unanimous approval for the transaction, anticipated to be finalised by the end of this year. This is contingent on standard closing conditions, including ZimVie's stockholders' and regulatory bodies' approval. Notably, the agreement is not dependent on financing. ARCHIMED managing partner André-Michel Ballester said: 'We're excited to partner with ZimVie and its talented team. The company has strong fundamentals and compelling growth potential, and we look forward to supporting its next chapter.' Following the acquisition, ZimVie is set to become a private entity. Additionally, ZimVie, with Centerview Partners' assistance, may seek alternative proposals for a 40-day period ending on 29 August 2025, although there is no certainty of a superior offer emerging. ZimVie CEO and board chairman Vafa Jamali said: 'This transaction marks a new chapter for ZimVie and underscores the value our team has built over the past several years. 'Partnering with ARCHIMED will create value for our shareholders while providing the strategic and financial backing to expand our innovative dental technology to more patients globally.' Centerview Partners is acting as ZimVie's exclusive financial adviser, with Cravath, Swaine & Moore as its legal adviser. Meanwhile, UBS Investment Bank and Latham & Watkins are serving as ARCHIMED's financial and legal advisers, respectively. In 2023, the US Food and Drug Administration (FDA) cleared ZimVie's spinal fixation system, Vital, for use with Brainlab's surgical imaging, planning, and navigation tools. "ARCHIMED to acquire life sciences company ZimVie for $730m" was originally created and published by Medical Device Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
21-07-2025
- Business
- Globe and Mail
ZIMV Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of ZimVie Inc. Is Fair to Shareholders
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of ZimVie Inc. (NASDAQ: ZIMV) to an affiliate of ARCHIMED for $19.00 in cash per share is fair to ZimVie shareholders. Halper Sadeh encourages ZimVie shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@ or zhalper@ The investigation concerns whether ZimVie and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for ZimVie shareholders; (2) determine whether ARCHIMED is underpaying for ZimVie; and (3) disclose all material information necessary for ZimVie shareholders to adequately assess and value the merger consideration. On behalf of ZimVie shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses. Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome.
Malaysian Reserve
08-05-2025
- Business
- Malaysian Reserve
Goodwill NYNJ Celebrates Grand Opening of "Brick House," Newark's First Clubhouse for Adults with Mental Illness
The clubhouse is funded in part by ARCHIMED's EURÊKA Foundation and the Devils Youth Foundation NEWARK, N.J., May 8, 2025 /PRNewswire/ — Goodwill Industries® of Greater New York and Northern New Jersey, Inc. (Goodwill NYNJ) is proud to announce the grand opening of Brick House, a new community-focused Clubhouse located in the heart of Newark. Brick House is the first program of its kind in the city and only the second in the state of New Jersey. The Clubhouse will celebrate its official opening with a public open house on Monday, May 12, 2025, at 982 Broad Street, Newark, NJ 07102, from 10:00AM-12:30PM. Following the globally recognized Clubhouse International model, Brick House offers adults 18 and older who are living with mental illness a welcoming, member-led space focused on recovery through community, connection, and purpose. Members engage in meaningful activities that promote wellness, build skills, and support employment readiness in a peer-supported environment. 'Clubhouse is a safe space and community where someone with mental illness is valued and needed,' said Carline Dalton, Senior Vice President of Behavioral Health Services, Goodwill NYNJ. 'At Goodwill, we're committed to supporting mental health and are thrilled to bring this type of space to the city of Newark.' The development of Brick House was made possible in part by funding from the Devils Youth Foundation and ARCHIMED's EURÊKA Foundation—organizations deeply committed to uplifting local communities. Their investment in Brick House reflects a shared belief in the power of inclusive spaces where individuals living with mental illness can build relationships, gain new skills, and thrive within a supportive environment. 'At the Devils Youth Foundation, we believe in the power of investing in programs that build stronger, healthier communities,' said Kate Whitman Annis, Executive Director of the Devils Youth Foundation. 'Supporting the grand opening of Goodwill's 'Brick House' Clubhouse aligns perfectly with our mission to uplift youth and families across Newark. This Clubhouse will be a vital space for connection, healing, and opportunity, and we're proud to help bring it to life for those who need it most.' The EURÊKA Foundation, an extension of ARCHIMED, is guided by its commitment to the mental health community and belief in creating access to opportunity. The Foundation believes in the lasting positive impact of the Clubhouse model and supports the model in eight countries. 'We understand the importance of empowerment and that people living with mental illness have the same potential as everyone else,' emphasized Virgine Faucheur, EURÊKA Foundation development director. 'We are proud to help GOODWILL NYNJ in its mission for fragile persons to rejoin the workforce.' Denis Ribon, Chairman and Managing Partner for ARCHIMED, added: 'A significant portion of our funds' carried interest has been and will continue to be committed to the EURÊKA Foundation. It's important that investment performance serves a greater purpose.' The May 12 open house will feature guided tours, opportunities to meet Clubhouse staff, and remarks from Goodwill leadership and program partners. For more information on how to become a member or partner with Brick House, please contact Director, Fatizenebu Oyibo at (973) 481-2300 Ext.5120 or foyibo@ About Goodwill NYNJGoodwill Industries of Greater New York and Northern New Jersey, Inc. (Goodwill NYNJ) is a 501(c)(3) nonprofit organization that operates retail stores across the region, fueled by donations of clothing and household items. These donations support Goodwill NYNJ's mission to provide workforce development services, job training, and employment opportunities for people with disabilities and individuals facing barriers to work. For 110 years, Goodwill NYNJ has helped build better lives for thousands of individuals and families across the New York City metropolitan area. Its mission is to empower people with disabilities and other barriers to employment to achieve independence through the power of work. Learn more at and find us on Facebook and Instagram @GoodwillNYNJ. About Devils Youth FoundationDevils Youth Foundation (DYF), a 501(c)(3) organization, enriches the lives of New Jersey's youth by creating life-changing opportunities and inspiring youth in our communities through the power of sports and entertainment. The Foundation has donated over $4 million in funds to help nonprofit partners address issues such as food insecurity by working to provide access to nutritious meals and education; growing the game through inclusive sports and fitness programming; creating safe spaces for improved physical and mental well-being and life skills; and enhancing art education by increasing student participation and access. For more information or to donate go to or find us on Instagram at @devilsyouthfoundation About ARCHIMEDWith offices in Europe, North America and Asia, ARCHIMED is a leading investment firm focused exclusively on healthcare industries. Its mix of operational, medical, scientific and financial expertise allows ARCHIMED to serve as both a strategic and financial partner to healthcare businesses. Prioritized areas of focus include Animal & Environmental Health, Biopharma Products, Consumer Health, Diagnostics, Healthcare IT, Life Science Tools & Biologic Services, MedTech, and Pharma Services. ARCHIMED helps partners internationalize, acquire, innovate and expand their products and services. ARCHIMED manages €8 billion across its various funds. Since inception, ARCHIMED has been a committed Impact investor, both directly and through its EURÊKA Foundation. To learn more about ARCHIMED, visit: Contact: LaKara Person, lperson@ (929) 627-0222
