Johnson & Johnson to Buy Remaining Stake in Verb Surgical

Date : 12/20/2019 @ 12:25PM
Source : Dow Jones News
Stock : Johnson and Johnson (JNJ)
Quote : 145.91  -4.02 (-2.68%) @ 1:00AM
After Hours
Last Trade
Last $ 145.97 ▲ 0.06 (0.04%)

Johnson & Johnson to Buy Remaining Stake in Verb Surgical

Johnson and Johnson (NYSE:JNJ)
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   By Dave Sebastian 
 

Johnson & Johnson (JNJ) said Friday it has agreed to buy the remaining stake in Verb Surgical Inc., a digital-surgery company.

The transaction is expected to close in the first half of 2020, the company said. JNJ didn't disclose terms of the transaction.

Verb Surgical is a joint venture between JNJ and Google Inc. (GOOG), according to Verb Surgical's website.

 

Write to Dave Sebastian at dave.sebastian@wsj.com

 

(END) Dow Jones Newswires

December 20, 2019 07:10 ET (12:10 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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