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J&J Is In Talks to Sell Its Hips-and-Knees Business to Apollo for $20 Billion — WSJ

By Lauren Thomas and Alex JaninPrivate-equity firm Apollo Global Management is in talks to acquire Johnson & Johnson's hips-and-knees parts business for around $20 billion, according to people familiar with the matter.J&J has been seeking to unload its DePuy Synthes orthopedics business. It is poss…

APOJNJ

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