Apollo Global In Talks To Acquire J&J’s Orthopedics Unit
Deals·2 articles across 2 outlets
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Alternative asset manager Apollo Global Management Inc. is in discussions to acquire the Johnson & Johnson orthopedics unit that the conglomerate has been looking to separate, according to people familiar with the matter.
The talks come as Johnson & Johnson seeks to divest its orthopedics business, which is part of a broader strategy to streamline its operations.
Apollo GlobalJohnson & Johnson
Sources
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SourceReports the news
“Alternative asset manager Apollo Global Management Inc. is in discussions to acquire the Johnson & Johnson orthopedics unit that the conglomerate has been looking to separate, according to people familiar with the matter.”
Bloomberg — Apollo Global Is Said in Talks to Acquire J&J’s Orthopedics Unit