J&J DePuy Synthes faces potential $20B buyer talks or spin-off
An agreement on selling or spinning off J&J’s DePuy Synthes orthopedics unit could be reached within weeks, with Apollo among parties expressing interest in a deal possibly valued near $20 billion. The unit produced $9.3 billion in 2025 and has faced thousands of lawsuits over hip replacement devices. J&J previously planned a separation within 18 to 24 months, with limited updates expected until mid-2026.