Neither Bloomberg's M&A executive editor Jeff McCracken nor host Alex Sherman can remember a deal quite like Johnson & Johnson's pursuit of Swiss drugmaker Actelion. First J&J publicly stated it was in talks with Actelion. Then, J&J said talks were over, and another party (Sanofi) had entered talks to buy Actelion. But just a week later, J&J and Actelion announced they'd re-entered talks. Now Bloomberg reports the sides have reached a tentative agreement on price, and a deal may be announced before the end of the month. McCracken explains why Actelion is such a coveted asset and what other large health care deals may emerge in 2017.

<p>Neither Bloomberg's M&amp;A executive editor Jeff McCracken nor host Alex Sherman can remember a deal quite like Johnson &amp; Johnson's pursuit of Swiss drugmaker Actelion. First J&amp;J publicly stated it was in talks with Actelion. Then, J&amp;J said talks were over, and another party (Sanofi) had entered talks to buy Actelion. But just a week later, J&amp;J and Actelion announced they'd re-entered talks. Now Bloomberg reports the sides have reached a tentative agreement on price, and a deal may be announced before the end of the month. McCracken explains why Actelion is such a coveted asset and what other large health care deals may emerge in 2017.</p>

Bloomberg M&A reporters, joined by outside experts and members of Bloomberg's Deals team, examines the week's biggest deals and highlights M&A trends most under scrutiny by Wall Street. He'll talk to reporters who broke Bloomberg's major scoops and interview investors, executives, lawyers and bankers for an inside peek into what's going on inside corporate boardrooms and what it's like working with the world's largest companies and richest people.

Bloomberg M&A reporter Alex Sherman examines the week's biggest deals and highlights M&A trends most under scrutiny by Wall Street.

Deal of the Week

60: J&J Nears Actelion Takeover Despite Twists and Turns

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4865349c-261e-493f-89cb-ae39004f27d8/transcript