J&J: gets binding offer for infection prevention unit
(CercleFinance.com) - US medical giant Johnson & Johnson on Thursday said it has received a binding offer from US diversified industrial group Fortive to acquire its Advanced Sterilization Products (ASP) unit for 2.
8 billion dollars.
A hospital-infection prevention company, ASP sells consumables and software for use in low-temperature terminal sterilization and high-level disinfection of reusable surgical instruments.
The business reported net sales of approximately 775 million dollars in 2017.
The proposed transaction is expected to close by early 2019, J&J said.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
8 billion dollars.
A hospital-infection prevention company, ASP sells consumables and software for use in low-temperature terminal sterilization and high-level disinfection of reusable surgical instruments.
The business reported net sales of approximately 775 million dollars in 2017.
The proposed transaction is expected to close by early 2019, J&J said.
Copyright (c) 2018 CercleFinance.com. All rights reserved.