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Glucose Monitoring, Topics

March 16, 2018

J&J receives offer for LifeScan BGM business

Here is a brief preview of this blast: J&J announced it has received an offer from Platinum Equity to purchase LifeScan for $2.1B. According to the press release, the acceptance period for the offer ends June 15, 2018 with closing of the deal to occur by YE ’18. Below, FENIX provides insight on the potential opportunity that Platinum Equity may see for the LifeScan business.