Zurich: Johnson & Johnson (J&J) has struck a deal to snap up Swiss medical device maker Synthes Inc for USD 21.3 billion, the companies said on Wednesday.
The deal, which is expected to close in the first half of 2012, will boost J&J's orthopaedics franchise and has the backing of both the Synthes and J&J boards.
Bureau Report
First Published: Wednesday, April 27, 2011, 12:43