The companies had been in talks for several weeks and at a price of $280 per share ($280.8 Swiss francs), J&J is paying a 23% premium over prices at close of the market on Wednesday. As part of ...

Earlier this month, J&J received an offer worth $2.7 billion for its Advanced Sterilisation Products (ASP) from Fortive Corp. If the deal is successful, it will be finalised by the end of next year.