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Johnson & Johnson wins US approval to buy Synthes


    WASHINGTON (Reuters) - Johnson & Johnson has won U.S. antitrust approval to buy Swiss medical device company Synthes Inc with conditions, the Federal Trade Commission said on Monday.

    Johnson & Johnson will sell its system for surgically treating serious wrist fractures and other assets related to treating traumatic injuries to Biomet Inc , the FTC said.

    The deal, valued at about $21 billion, was approved by European antitrust officials on April 19.

    (Reporting By Diane Bartz; Editing by Gary Hill)