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Carlyle Nears Deal for J&J Unit

  • Aired: 1/24/2013
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Synopsis >

Carlyle has apparently won the showdown with archrival Blackstone Group over a blue blood. Sources tell Reuters it's close to a deal to buy Johnson & Johnson's blood testing business. It outbid Blackstone and its partner, Danaher, in an auction process. The deal could be worth around $4 billion. It's expected to be struck within two weeks.

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