Johnson & Johnson ($JNJ) is currently in negotiations to acquire Shockwave Medical ($SWAV), a prominent medical device manufacturer. According to sources cited by The Wall Street Journal (WSJ), the deal could be finalized in the upcoming weeks. Shockwave Medical has seen its market value soar to approximately $11 billion after its stock surged by about 50% earlier this year. This significant increase in value highlights the potential scale and impact of the acquisition.
Johnson & Johnson Considers Deal for Shockwave Medical https://t.co/VcPYM73FJH
Shockwave Medical shares rise on report of acquisition talks with J&J https://t.co/ZohzLZuefv
Shockwave Medical shares rise on report of acquisition talks with Johnson & Johnson https://t.co/ajy2cDJErN