Johnson & Johnson to complete Synthes deal this week

    With everything in order and a new price tag in place, Johnson & Johnson is expected to complete its deal with Synthes this week.

    The deal was announced last year as the biggest ever for J&J, which planned to buy the medical equipment maker for $21.3 billion.

    According to the Inquirer, the price was adusted to $19.7 billion in accordance with currency and stock prices.

     

    Though Synthes is based in Switzerland, the company has headquarters in Chester County, not far from J&J’s Montgomery County plant, McNeil.

    The official closing date is tomorrow, June 14.

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