Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 02-03-2015 | Practice Area: | Corporate and M&A |
| Deal Title: | Cardinal Health Offer for Johnson and Johnson Cordis Business | Industry: | Healthcare Equipment & Services |
| Description: |
On March 2, 2015, Johnson and Johnson announced a binding offer from Cardinal Health to acquire its Cordis business for an aggregate value of USD1.99 billion, consisting of USD1.944 billion of cash proceeds from Cardinal Health plus approximately USD46 million of retained net receivables. Cravath represented Johnson and Johnson in connection with this transaction.
The Cravath team was led by partners Robert I. Townsend III and Damien R. Zoubek.
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| Financial Center: | New York | Value: | 1000.01-5000.00 |
| Advised Party: | Vendor | Law Firm | Cravath |
| Target Company Jurisdiction: | United States | Acquiror Jurisdiction: | United States |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Robert I Townsend III |
