J&J accepts $2.1 billion offer for its LifeScan unit
J&J accepts $2.1 billion offer for its LifeScan unit
Johnson & Johnson said on Tuesday it has accepted private equity firm Platinum Equity`s $2.1 billion buyout offer for the company`s LifeScan Inc unit.
Platinum had given J&J until mid-June to accept the offer for the unit, which makes blood glucose monitoring products.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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