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Cravath represented the underwriters, led by Bank of America Merrill Lynch, Deutsche Bank, Citigroup, Goldman, Sachs & Co. and J.P. Morgan Securities, in connection with the €4 billion registered debt offering of Johnson & Johnson, a company engaged in the manufacturing and sale of a broad range of products in the healthcare field. The notes were listed on the New York Stock Exchange. The transaction closed on May 20, 2016.
The Cravath team included partner Craig F. Arcella and associates Zara Bari and Alex L. Winkelman.
Deals & Cases
November 17, 2025
On November 17, 2025, Johnson & Johnson announced it has entered into a definitive agreement to acquire Halda Therapeutics OpCo, Inc., a clinical‑stage biotechnology company with a proprietary Regulated Induced Proximity TArgeting Chimera (RIPTACTM) platform to develop oral, targeted therapies for multiple types of solid tumors, including prostate cancer, for $3.05 billion in cash. Cravath is representing Johnson & Johnson in connection with the transaction.
Deals & Cases
March 12, 2025
Cravath represented the underwriters in connection with the $5 billion registered notes offering of Johnson & Johnson, the world’s largest, most diversified healthcare products company. Cravath also represented the underwriters in connection with Johnson & Johnson’s concurrent €4 billion notes offering. Proceeds of both offerings will be used to finance the acquisition of Intra‑Cellular Therapies, Inc. by Johnson & Johnson. The transactions closed on February 20, 2025, and February 26, 2025, respectively.
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