Zydus Lifesciences to buy 86% stake in French medical devices maker

India's Zydus Lifesciences is set to acquire an 85.6% stake in France's Amplitude Surgical for nearly $280 million to expand in the global medical devices market. The acquisition, at a premium of nearly 81% to Amplitude's last close, aims to leverage growth opportunities in surgical technologies for lower-limb orthopedics and expand internationally.

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