Johnson & Johnson (J&J) (New Brunswick, NJ) formally accepted Cardinal Health’s (Dublin, OH) March 1, 2015 binding offer to acquire Cordis (Fremont, CA) for $1.944 billion in cash. The transaction is expected to close in the U.S. and key non-U.S. countries towards the end of 2015, subject to regulatory clearances and other customary closing conditions.
Market Pulse transactions shown herein are provided as a matter of public record. These transactions have been compiled from press releases, corporate announcements and other public sources to provide an overview of acquisition and merger activities within the healthcare and life sciences sectors.