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Danaher, Blackstone Working on Bid for J&J's Ortho Unit

Danaher Corp. (DHR) and Blackstone Group LP (BX) are working on a joint bid for Johnson & Johnson's (JNJ) Ortho Clinical Diagnostics unit, Reuters reported Thursday, citing people familiar with the matter. Other bidders include Carlyle Group LP (CG), Bain Capital LLC, BC Partners and a joint approach from CVC Capital Partners and Leonard Green & Partners, Reuters reported. Ortho could be sold for more than $4 billion, the people told Reuters. Full story at Write to Subscribe to WSJ:

Stock News for Johnson & Johnson (JNJ)
12/02/201619:39:00Johnson & Johnson Boosts Actelion Bid -Bloomberg
12/01/201618:38:00Jury Orders Johnson & Johnson to Pay More Than $1 Billion in...
12/01/201618:36:00Dallas Jury Returns $1 Billion-Plus Verdict in Defective DePuy...
11/26/201603:02:00J&J Stalks Swiss Drug Company -- WSJ
11/25/201615:58:00Johnson & Johnson Approaches Swiss Firm Actelion About Potential...
11/25/201612:33:00Johnson & Johnson Approaches Swiss Firm Actelion About Potential...
11/25/201612:20:00Johnson & Johnson Approaches Swiss Firm Actelion About Potential...
11/25/201612:12:00Johnson & Johnson Approaches Actelion About Potential Deal
11/25/201611:57:00Johnson & Johnson Confirms Discussions with Actelion Regarding...
11/24/201609:29:00House GOP Business-Tax Plan Upends U.S. Policy, Bares Corporate...
11/16/201610:00:00Johnson & Johnson Establishes Susan L. Lindquist Chair for Women...
11/14/201613:40:00Study Suggests Heart Patients May Need Fewer Blood Thinners
11/14/201613:27:00Study Suggests Heart-Disease Patients May Need Fewer Blood Thinners
11/04/201616:06:45Quarterly Report (10-q)
11/01/201608:08:00Johnson & Johnson Announces Launch of Africa Innovation Challenge...
10/28/201618:54:00Johnson & Johnson Mourns the Loss of Susan Lindquist, Biomedical...
10/26/201613:04:00Johnson & Johnson to Participate in the 25th Annual Credit Suisse...
10/25/201613:53:29Statement of Changes in Beneficial Ownership (4)
10/20/201616:10:00Johnson & Johnson Announces Quarterly Dividend for Fourth Quarter...
10/20/201606:32:00E.ON to Invest $500 Million in Illinois Wind Farm

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