J&J plans to divest LifeScan unit to Platinum Equity for $2.1bn
Executive Summary
Private investment firm Platinum Equity launched a binding offer to acquire Johnson & Johnson's blood glucose monitoring unit LifeScan Inc. for $2.1bn. J&J has until June 15, 2018 to accept the offer and if it does, the transaction is expected to close by year end.
Deal Industry
- Medical Devices
-
Medical Devices
- Monitoring Equipment & Devices
-
In Vitro Diagnostics
- Glucose Testing
Deal Status
- Final
Deal Type
-
Acquisition
- Buy-out
- Full Acquisition
- Payment Includes Cash for Equity
Questions?
Please contact Sales at: (212) 520-2765 or email [email protected]
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