LONDON -(Dow Jones)- Smith & Nephew PLC (SN.LN), a global medical technology business, said Friday it is not engaged in any discussions which could lead to a merger or a takeover involving the company.

MAIN FACTS:

-Notes the continued press speculation in relation to a possible merger or takeover involving the company.

-Shares at 1112 GMT down 15 pence or 1.90% at 675 pence.

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