A merger makes sense but J&J needs to come up with a higher price tag

first_imgMonday 10 January 2011 8:35 pm A merger makes sense but J&J needs to come up with a higher price tag A MERGER between Smith & Nephew (S&N) and Johnson & Johnson (J&J) would certainly make sense. The orthopaedics business has struggled in the wake of the recession, and S&N is no exception. Sales at its flagship hip reconstruction business fell in the first nine months of 2010 compared to a year earlier, largely due to price pressure in the US and EU. Its interests in endoscopy and advanced wound management have helped soften the blow, although not entirely. A merged S&N and J&J would have a combined market share of between 35 and 37 per cent (compared to S&N’s 10 to 17 per cent) in hips and knees, giving the firm a market leading position ahead of No. 1 player Zimmer, on 22 to 28 per cent. Now J&J needs to come up with a more sensible price tag. whatsapp KCS-content Show Comments ▼ whatsapp Read This Next’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe WrapHow HGTV’s ‘Renovation Island’ Changed Bryan and Sarah Baeumler’sThe Wrap’Bridgerton’ Stars Phoebe Dynevor and Nicola Coughlan on Daphne andThe WrapBest Wine Gifts & Wine Accessories at Every PriceGayot’Hitman’s Bodyguard’s Wife’ Earns $17 Million 5-Day Opening as Box OfficeThe WrapFox News’ Mark Levin Says Capitol Riot Suspects ‘Would Be Treated Better’The WrapEverything We Know, or Think We Know, About the Time-Keepers on ‘Loki’The Wrap’The Crown’: What Went Into Finding Princess Diana and Margaret ThatcherThe Wrap Share Tags: NULLlast_img read more

Longhorn Publishers Plc (LKL.ke) HY2020 Interim Report

first_imgLonghorn Publishers Plc (LKL.ke) listed on the Nairobi Securities Exchange under the Retail sector has released it’s 2020 interim results for the half year.For more information about Longhorn Publishers Plc (LKL.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Longhorn Publishers Plc (LKL.ke) company page on AfricanFinancials.Document: Longhorn Publishers Plc (LKL.ke)  2020 interim results for the half year.Company ProfileLonghorn Publishers Plc publishes and sells educational and general books and distributes them through retail and ecommerce channels to customers in Kenya, Uganda, Tanzania, Malawi and Rwanda. Formerly known as Longhorn Kenya Limited, the company changed its name to Longhorn Publishers Limited in 2014. The company publishes reading material for all levels of education under five main brands; eLearning material, educational text books, fiction and nonfiction books and material for tertiary colleges and universities. Longhorn Publishers acquired the intellectual property of Sasa Sema Publications Limited and provides reference books, creative works, biographies and general knowledge books in either print or non-print (electronic) format. Longhorn Publishers is the only publisher with full approval by the Ministry of Education in Kenya and mandated to supply text books for 12 key subjects for secondary and primary schools. Longhorn eBooks store is a digital platform created by the publishing house and the largest eBook library in the Africa sub-region. The company head office is in Nairobi, Kenya. Longhorn Publishers Plc is listed on the Nairobi Securities Exchangelast_img read more