12:02 PM EDT, 06/25/2024 (MT Newswires) -- (Updates with details throughout.)

ZimVie ( ZIMV ) is considering an outright company sale, among other options, Bloomberg News reported Tuesday, citing people with knowledge of the matter.

The dental implants maker is working with an adviser to weigh alternatives after receiving takeover interest from buyout firms, industry players and other potential suitors, the report said, citing the unnamed sources.

Deliberations are at an initial stage, and the company may decide against moving ahead with a deal, according to the report.

A company representative declined to comment, Bloomberg reported.

ZimVie ( ZIMV ) didn't immediately respond to MT Newswires' request for comment.

The company's shares were up 15.8% in recent trading.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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