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Johnson & Johnson announced a definitive agreement to acquire Shockwave Medical for $335.00 per share in cash, representing an enterprise value of approximately $13.1 billion. The acquisition expands Johnson & Johnson MedTech's cardiovascular portfolio.
“Johnson & Johnson (NYSE: JNJ) and Shockwave Medical, Inc. (Nasdaq: SWAV) today announced that they have entered into a definitive agreement under which Johnson & Johnson will acquire all outstanding shares of Shockwave for $335.00 per share in cash.”jnj.com
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