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J&J says ‘it does not intent to make offer’ for Horizon Therapeutics

Johnson & Johnson (JNJ) says it has "no intention to bid statement for Horizon Therapeutics" (HZNP). According to a statement by the company, "Further to the announcement by Horizon on November 29, 2022, Janssen Global Services, confirmed today that it does not intend to make an offer for Horizon. Accordingly, the company will be bound by the restrictions set out in Rule 2.8 of the Irish Takeover Rules."

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