Johnson and Johnson (JNJ)

[north40000]

Market Chatter: Johnson & Johnson Said to Raise Takeover Offer for
Actelion
- 10:50 AM EST, 11/29/2016 (MT Newswires) -- Johnson & Johnson (JNJ)
has raised its takeover offer for Actelion, Europe's largest biotech
firm, Bloomberg reported, citing unnamed people familiar with the
matter. No further details were available. Johnson & Johnson last
week confirmed it had approached Swiss-based Actelion,which had a
market value of about $17 billion at the time the approach was announced.
Johnson & Johnson stock is down nearly 1%, while Actelion was higher
8% in Zurich trade. Price: 112.20, Change: -0.93, Percent Change:
-0.82.