Exclusive: J&J discussing breaking up Actelion in an acquisition - sources

This deal structure would allow J&J to acquire Actelion with a cash offer in the region of $260 per share, a little more than what it had offered when it walked away from negotiations earlier this month, while allowing Actelion shareholders to benefit further financially from Actelion's R&D pipeline, the people said. Under the deal being discussed, Actelion's R&D pipeline would be placed in a new publicly traded company, the people said. J&J and Actelion declined to comment.