Johnson & Johnson indicated it might cancel its planned $25.4 billion acquisition of Guidant Corp. even as federal regulators gave conditional approval for the deal.
Johnson & Johnson has accepted a $4 billion offer from Carlyle Group LP made in January to acquire the health-care products company’s only diagnostics division, Bloomberg BusinessWeek reports.
Retailer J. Crew could go public this year with a $5 billion valuation target, sources tell Bloomberg News.
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