Fortive to acquire Johnson & Johnson's Advanced Sterilization Products for $2.8B

Johnson & Johnson received a binding offer from Fortive Corporation to acquire its Advanced Sterilization Products (ASP) business for approximately $2.8 billion. The transaction is expected to close by early 2019.

“ASP has a long history of pioneering infection prevention technology, and we are confident that Fortive would be well-positioned to continue to drive the business toward achieving its full potential.”investor.jnj.com

• 2 sources
• investor.jnj.comJohnson & Johnson Announces Binding Offer from Fortive Corporation to Acquire Advanced Sterilization Products (ASP) | Johnson & JohnsonJun 6, 2018
• gordian.comFortive Enters Definitive Agreement to Acquire GordianJul 2, 2018

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