J&J (JNJ) is reportedly considering a new takeover approach for Smith & Nephew (SNN),...

|By:, SA News Editor

J&J (JNJ) is reportedly considering a new takeover approach for Smith & Nephew (SNN), which denies it's in deal talks. The Sunday Times says a bid would be worth at least 800 pence, valuing the company at more than £7B ($11B), up from a 750p/share bid reportedly rejected last year.