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J&J agrees to acquire Alza for stock

Executive Summary

Johnson & Johnson has agreed to acquire drug delivery company Alza in a tax-free pooling of interests. Based on J&J's pre-announcement trading average of $90.41 per share, the transaction would be worth a total of $13.1bn.
Deal Industry
  • Pharmaceuticals
  • Pharmaceuticals
    • Drug Delivery
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Includes Contract
    • Payment Includes Stock

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