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J&J accepts $2.1 billion offer for its LifeScan unit


(Reuters) - Johnson & Johnson said on Tuesday it has accepted private equity firm Platinum Equity's $2.1 billion buyout offer for the company's LifeScan Inc unit. Platinum had given J&J until mid-June to accept the offer for the unit, which makes blood glucose monitoring products. (Reporting by Uday Sampath in Bengaluru; Editing by Shailesh Kuber)(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Wed, June 13 2018. 01:56 IST