Johnson & Johnson (J&J) is currently holding discussions to potentially take over Shockwave Medical Inc., The Wall Street Journal reported on Tuesday citing sources familiar with the matter.
The sources mentioned that the possible agreement could be closed in the weeks to come. However, they also mentioned that the talks could fall through and that another suitor might appear.
While J&J's current market capitalization stands at approximately $374 billion, Shockwave Medical's market cap is at around $12 billion.
