Johnson & Johnson keeps quiet on bid rumours despite reports

first_imgSunday 16 January 2011 10:33 pm Johnson & Johnson keeps quiet on bid rumours despite reports Share whatsapp KCS-content Show Comments ▼center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.com JOHNSON & JOHNSON is a US manufacturer of healthcare, medical and pharmaceutical goods, founded in 1886 by three brothers in New Jersey. It has been a Fortune 500 company since 1978, with total sales for 2009 of $61.9bn (£39bn).Throughout the takeover rumours Johnson & Johnson has maintained that it does not comment on speculation, keeping its cards close to its chest on a bid for Smith & Nephew. The US giant is nearly 25 times larger than the UK company in market capitalisation terms.It has made it a sustained strategic goal to diversify its portfolio since the company was first established in the late 1800s, including the $6.6bn acquisition of Pfizer’s consumer healthcare brand in 2006. It holds over 250 subsidiary companies in 57 companies, with William C Weldon at the helm of its board since 2002. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com Tags: NULLlast_img read more