Markets News Afternoon: Johnson & Johnson in $1.5bn deal with Elan; Shares surge in Dublin but ISEQ in red; Stocks down sharply in Europe and US
Jul 2nd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Markets news on stocks, currencies and commodities: US drug and healthcare group Johnson & Johnson is to take an 18.4% stake in Irish drug company Elan as part of a deal under which it will take over some of Elan's research into the treatment of Alzheimer's disease.