In Brief: J&J to buy Mentor Corp.

Published: December 2, 2008

J&J to buy Mentor Corp.

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In a move to become a major player in cosmetic and reconstructive surgery, health care products company Johnson & Johnson said Monday it will buy cosmetic-product and breast-implant maker Mentor Corp. for $1.07 billion. Analysts said J&J is paying "a giant premium” for the maker of MemoryGel breast implants, liposuction equipment and "barrier” skin repair products, with an eye to their long-term value for an aging population.

Ford may sell Volvo
Ford Motor Co. is considering selling Volvo Car Corp. as the beleaguered U.S. automaker seeks to raise cash and weather a global car sales crisis. Goteborg, Sweden-based Volvo Cars, which Ford bought in 1999, has been struggling against a weak U.S. dollar and declining demand. Volvo sales through October are down more than 28 percent.


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Related Topics: Health and Fitness, Medicine, Medical Specializations, Business, Medical Treatments and Procedures, Surgery, National Economy, Cosmetic Medicine, U.S. National Economy, Breast Reconstruction, Women's Health


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