Smith & Nephew and J&J orthopaedics merger talks collapse

• Merger talks between Smith & Nephew and J&J's orthopaedics unit have collapsed.
• The primary reason for the collapse was disagreements over the CEO role.
• The Financial Times and Reuters reported on the failed merger.
• The deal would have created a transatlantic mega-merger in the orthopaedics sector.
• No further merger discussions are planned at this time.