Johnson & Johnson considers acquiring Shockwave Medical for $11 billion to expand in cardiovascular devices.
Johnson & Johnson is reportedly considering acquiring medical device maker Shockwave Medical for around $11 billion, potentially expanding its presence in cardiovascular devices. A deal could be finalized in the coming weeks if talks don't fall apart, and it is also possible another suitor could emerge, according to a Wall Street Journal report. Shockwave Medical's shares surged more than 11% following the news.
March 26, 2024
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