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Apollo Global in Talks to Acquire J&J’s Orthopedics Unit, Bloomberg News Reports
Summary by WTVB
5 Articles
5 Articles
J&J orthopedics unit draws Apollo interest in potential $20 billion deal: Report
Apollo Global Management is in discussions to acquire Johnson & Johnson's orthopedics division, which could be worth around twenty billion dollars. In addition to this, Johnson & Johnson is contemplating the option of spinning off this unit into a separate public entity. This strategy aligns with the company's aim to concentrate on more lucrative healthcare areas, reflecting the growing private equity interest in the healthcare industry.
J&J orthopedics unit draws Apollo interest in potential $20 billion deal, Bloomberg News reports
Coverage Details
Total News Sources5
Leaning Left0Leaning Right2Center2Last Updated50% Center, 50% Right
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
50% Right
C 50%
R 50%
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