Saturday, November 23, 2024

J&J to buy Actelion for $30 billion leftright 2/2leftright

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Swiss biotech company Actelion (ATLN.S) said on Thursday it had agreed to be purchased by Johnson & Johnson (JNJ.N) in a $30 billion deal.

The all-cash offer, to acquire all of the outstanding shares of Actelion for $280 per share, payable in U.S. dollars, was unanimously approved by the Boards of Directors of both companies, Actelion and Johnson & Johnson said in a joint statement.

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