Cardinal Health to add ambulatory center products after J&J purchase: 4 key notes

Johnson & Johnson has accepted Cardinal Health's offer to buy its heart-product business reports The Wall Street Journal.

Here are four key notes:

1. The transaction is for $1.9 billion in cash

2. The agreement ads stents and catheters to Cardinal Health.

3. Cardinal Health will offer the stents and catheters to ambulatory centers.

4. Cardinal is working to expand its portfolio as hospitals consolidate.

 

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