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.