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J&J buys Micrus Endovascular for $480mm

Executive Summary

Johnson & Johnson has agreed to acquire Micrus Endovascular Corp. (devices for cerebral vascular diseases) for $480mm in cash. Investors will receive $23.40 per Micrus share (an 11% premium).
Deal Industry
  • Medical Devices
  • Medical Devices
    • Implantable Devices
    • Surgical Equipment & Devices
      • Minimally or Less Invasive
Deal Status
  • Final
Deal Type
  • Acquisition
    • Full Acquisition
    • Payment Includes Cash

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