Johnson & Johnson Completes Divestiture Of LifeScan Business To Platinum Equity

10/2/18

By Mamta Mayani, SeekingAlpha

Johnson & Johnson (NYSE:JNJ) has completed the divestiture of its LifeScan business to Platinum Equity for ~$2.1B.

JNJ will discuss this transaction during its scheduled quarterly earnings call on October 16.

Shares are down a fraction premarket.

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