Chinese bidders evince interest in Johnson & Johnson's diabetes biz in potential $3-4b deal

Chinese bidders evince interest in Johnson & Johnson's diabetes biz in potential $3-4b deal

The Johnson and Johnson logo is seen at an office building in Singapore January 17, 2018. REUTERS/Thomas White

Chinese bidders are circling a diabetes care business owned by the world’s largest healthcare company Johnson & Johnson in a deal that could fetch up to $4 billion, five people with direct knowledge told Reuters.

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