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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)
07/25/201615:19:29Statement of Changes in Beneficial Ownership (4)
07/22/201617:10:00Johnson & Johnson's Acclarent Unit in $18 Million U.S. Settlement
07/22/201617:00:00Johnson & Johnson's Acclarent Unit in $18 Million U.S. Settlement
07/21/201612:50:00Amgen and Allergan Study Finds Biosimilar Comparable to Herceptin
07/20/201618:20:00Jury Acquits Former Johnson & Johnson Unit Executives of Felony...
07/20/201618:06:00Jury Acquits Former Johnson & Johnson Unit Executives of Felony...
07/20/201603:05:00J&J's Outlook Rises on Sales Gain -- WSJ
07/19/201612:25:00Johnson & Johnson Raises Guidance -- 2nd Update
07/19/201609:40:00Ortho Clinical Diagnostics Receives Coveted #1 Ranking for Service...
07/19/201608:47:00Johnson & Johnson Raises Guidance -- Update
07/19/201608:10:00Johnson & Johnson Raises Guidance
07/19/201608:00:34Current Report Filing (8-k)
07/19/201607:54:00Johnson & Johnson Raises Guidance, Buoyed by Pharma Growth
07/19/201606:40:00Johnson & Johnson Reports 2016 Second-Quarter Results:
07/18/201616:53:07Current Report Filing (8-k)
07/18/201616:19:00Johnson & Johnson Announces Completion Of Acquisition Of Vogue...
07/18/201614:30:00Johnson & Johnson Announces Quarterly Dividend for Third Quarter...
07/12/201619:20:00Amgen Biosimilar Gets Thumbs-Up From FDA Panel
07/11/201618:39:00Protagonist Therapeutics Discloses IPO Plans
07/11/201603:03:00CIOs Gain Stature in Digital Era -- WSJ

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