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Abbott in talks to sell its eye-surgery business to J&J - WSJ

Sept 16 Abbott Laboratories is in talks to sell its eye-surgery business to Johnson & Johnson, the Wall Street Journal reported, citing sources familiar with the matter.

It isn't clear how much J&J would pay for the business, formerly known as Advanced Medical Optics, the Journal reported.(on.wsj.com/2cCpBeK)

Abbott bought Advanced Medical Optics for nearly $1.4 billion in 2009. (reut.rs/2d3TVPf)

Johnson & Johnson and Abbott could not be immediately reached for comments. (Reporting by Akankshita Mukhopadhyay in Bengaluru; Editing by Saumyadeb Chakrabarty)

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