Medtronic eyeing M&A possibilities with local firms
By Liu Jie | China Daily | Updated: 2011-08-05 07:58
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Medtronic Inc heart pacemakers in production at Medtronic Singapore Operations. The company has maintained an average annual compound growth rate of 26 percent in China over recent years. Munshi Ahmed / Bloomberg |
SINGAPORE - Medtronic Inc, the world's largest independent medical device company by sales, will maintain fast and stable growth in China through mergers and acquisitions. The company will also double the number of local staff member within four years.
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