J&J Offered $4.15 Billion For Diagnostics Unit

By | January 16, 2014

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Johnson & Johnson (JNJ) said Thursday that it received a binding offer of $4.15 billion from private-equity firm the Carlyle Group for its Ortho-Clinical Diagnostics business. J&J has until March 31 to decide whether to accept the offer. “This transaction is a result of our disciplined approach to portfolio management in order to achieve the greatest value for Johnson & Johnson,” J&J CEO Alex Gorsky said in a statement. The diversified medical Scalper1 News

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