International Companies

Johnson & Johnson proposes $6.5bn deal to settle talc claims

By Abigail Townsend

Date: Wednesday 01 May 2024

(Sharecast News) - Johnson & Johnson has proposed a $6.5bn deal to settle thousands of lawsuits claiming its talc products cause cancer, it was confirmed on Wednesday.
Under the deal, J&J will pay out $6.5bn over the next 25 years. The company recorded a $2.7bn charge in the first quarter in...

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