Apollo Global Management is in discussions to acquire Johnson & Johnson’s DePuy Synthes orthopaedics business in a deal that could value the unit at close to $20bn, according to a report by Bloomberg citing unnamed people familiar with the matter.
The private equity firm is among several buyout groups that have expressed interest in the business, which J&J announced plans to separate last year. An agreement with Apollo could be reached within the next several weeks, although the discussi...
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