Apollo Global in talks to acquire J&J's orthopedics unit for $20 billion

Key facts

• Apollo Global Management is reportedly in talks to acquire Johnson & Johnson's DePuy Synthes unit.
• The potential acquisition could value the unit at close to $20 billion.
• Johnson & Johnson may also opt to spin off the unit as a publicly traded company.

Global alternative asset manager Apollo Global Management is reportedly in talks to acquire Johnson & Johnson's DePuy Synthes unit for close to $20 billion, according to Bloomberg News. Johnson & Johnson may also opt to spin off the unit as a publicly traded company. Reuters previously reported Apollo's interest in acquiring the unit.