NEW BRUNSWICK, N.J. — Johnson & Johnson has accepted an offer of about $4 billion from the private equity firm the Carlyle Group to buy its Ortho-Clinical Diagnostics business.
J&J said Monday that the deal for the blood-testing unit should close by mid-year.
The New Brunswick, N.J., health care giant had said in January that Washington, D.C.-based Carlyle Group had offered $4.15 billion for the business, and that it would talk to works councils and trade unions representing its employees before making a decision.
The Ortho-Clinical business serves hospitals, testing laboratories and blood banks. It supplies equipment and chemicals to screen donated blood...