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Entries in Synthes (1)

Saturday
Apr162011

Report: J&J in Talks to Buy Synthes

Cristina Arias/Getty Images(NEW BRUNSWICK, N.J.) -- Johnson & Johnson is in preliminary talks to buy US-Swiss medical equipment maker Synthes, sources tell the Wall Street Journal.

The deal is expected to be valued at around $20 billion and serve as a key to further diversify J&J.

Although it's unclear how far the conversations have progressed, shares of Synthes rose 6.2 percent Friday as speculation about the sale grew.

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