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Medical & Health Giant IPO: Johnson & Johnson Plans to Spin-Off

#Macro Economics#IPO: China outbound#M&A#Retail#Market Outlook#Foreign Companies in China#Competition Law / Anti-Trust#Consumer Health Care#Data Centres#Robotics#Technology#Health & Medical#Capital Markets

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Medial M&A, IPO Case: Johnson & Johnson is splitting into two. The health-care behemoth will spin off its consumer division (which has been beset by lawsuits) as it follows other big drugmakers in choosing to focus on more-profitable pharmaceuticals. The decision underscores just how storied companies are being forced to rethink the bigger-is-better ethos that ruled corporate America for decades. —Margaret Sutherlin

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