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The Pulse of the Pharmaceutical Industry

J&J accepts $2.1 billion offer for LifeScan unit

Written by: | | Dated: Tuesday, June 12th, 2018


J&J accepts $2.1 billion offer for its LifeScan unit


(Reuters) – 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.


Reporting by Uday Sampath in Bengaluru; Editing by Shailesh Kuber


Reuters source:

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