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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)
09/03/201509:00:00Johnson & Johnson to Participate in the 2015 Morgan Stanley Healthcare...
08/27/201517:28:00Johnson & Johnson to Participate in the 2015 Wells Fargo 10th...
08/25/201519:18:00Splenda Sweetener Getting a New Owner
08/25/201516:00:00Heartland Food Products to Buy Splenda From J&J Unit
08/25/201515:42:00Heartland Food Products to Buy Splenda From J&J Unit
08/12/201507:30:15Reckitt Benckiser Gets U.K. Approval to Buy K-Y Lubricants
08/12/201504:46:18Reckitt Benckiser Gets U.K. Regulatory Approval to Buy K-Y Lubricants
08/10/201512:50:48Statement of Changes in Beneficial Ownership (4)
08/10/201507:50:20Mallinckrodt to Buy Immunotherapy Firm Therakos
08/06/201510:30:05IBM Adds to Its Watson Health Service
08/03/201513:20:20Depomed to File Injunction Against Pursuer Horizon
07/31/201516:32:51Quarterly Report (10-q)
07/21/201513:36:28Horizon Boosts Depomed Bid to About $2 Billion
07/20/201511:40:00Johnson & Johnson Announces Quarterly Dividend for Third Quarter...
07/15/201514:44:373 Questions Johnson & Johnson's Second-Quarter Results Answered
07/14/201514:30:44J&J Lifts Earnings Outlook Despite Stronger Dollar, Competition--3rd...
07/14/201509:59:02Johnson & Johnson Sees Better Times Ahead Despite Dollar-Driven...
07/14/201509:39:23J&J Lifts Earnings Outlook Despite Stronger Dollar, Competition--2nd...
07/14/201509:14:36Correction to J&J Lifts Earnings Outlook Story
07/14/201508:55:50J&J Lifts Earnings Outlook Despite Stronger Dollar, Competition--Update

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