BofAML Supports Platinum Equity LifeScan Acquisition

Platinum Equity submitted a binding offer to acquire LifeScan from Johnson & Johnson in a transaction valued at approximately $2.1 billion. LifeScan manufactures blood glucose monitoring products with 2017 net revenue of approximately $1.5 billion.

BofA, JPMorgan Support Integra Codman Neurosurgery Buy

Bank of America Merrill Lynch and JPMorgan are providing financing to support Integra LifeSciences Holdings’ proposed $1.045 billion acquisition of Codman Neurosurgey.

Reuters: Barclays, Others Arrange $2.525B J&J Credit Facility

Reuters reported that Ortho-Clinical Diagnostics, a unit of Johnson & Johnson, will launch a $2.525 billion senior secured credit facility to finance its acquisition by Carylyle Group.