Johnson & Johnson's Aggressive Bid and Search for Funding

Monday, 13 May 2024, 18:08

In a significant move, Johnson & Johnson has proposed a $13 billion acquisition bid for Shockwave Medical. To finance this ambitious deal, they are turning to Wall Street for funding opportunities. Despite concerns about the Federal Reserve's rate hikes in 2022, deal activities continue to show resilience and optimism in the financial market.
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Johnson & Johnson's Aggressive Bid and Search for Funding

Johnson & Johnson Pursues Shockwave Acquisition

Medical giant Johnson & Johnson has set its sights on acquiring Shockwave Medical in a $13 billion bid. The company aims to tap into Wall Street funding to secure the deal.

Resilient Deal Making Amid Rate Hikes

Despite the Federal Reserve's rate hikes in 2022, the financial markets continue to see robust deal making and investment activities, showcasing stability in the face of economic challenges.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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