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InsideArbitrage Potential Deal Alert: Johnson & Johnson (JNJ) Considers Deal for Shockwave Medical (SWAV)

  • March 26, 2024


StockShockwave Medical Inc.SymbolSWAV
Date Announced03/26/2024Source Wall Street Journal
TypeNews Report
Date of Confirmation: 04/05/2024Price at Confirmation: $319.99
Potential Profit: 1.24%Annualized Profit: 45.27%

According to WSJ, Johnson & Johnson (JNJ), is in talks to buy medical device maker Shockwave Medical (SWAV).

Shockwave Medical Investor Relations


April 5, 2024: Johnson & Johnson (JNJ) and Shockwave Medical (SWAV) announced that they have entered into a definitive agreement under which Johnson & Johnson will acquire all outstanding shares of Shockwave for $335.00 per share in cash, corresponding to an enterprise value of approximately $13.1 billion including cash acquired.

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.