>>> Johnson & Johnson Inc Announces Binding Offer From The Carlyle Group To Acqu

Johnson & Johnson Inc Announces Binding Offer From The Carlyle Group To Acquire Ortho-Clinical Diagnostics for $4.15B (as speculated in the press)
- The acceptance period for the offer will end on March 31, 2014, unless extended, and during that time Johnson & Johnson will consult with relevant works councils and trade unions. If the offer is accepted by Johnson & Johnson, the proposed transaction would be expected to close toward the middle of the year, pending fulfillment of certain conditions, including, but not limited to, the receipt of applicable anti-trust clearances and other customary closing requirements.
- The Company will further discuss the contemplated transaction during its scheduled quarterly earnings meeting on January 21, 2014