Johnson & Johnson Buys Energy Drink Brand ORSL

Mumbai: Johnson & Johnson Inc said on Friday that it had bought the energy drink brand ORSL from Jagdale Industries Ltd for an undisclosed amount, in a bid to expand its consumer healthcare business in the country. The US-based diversified healthcare firm did not disclose the financial terms of the deal, but a source directly involved in the transaction told Reuters that Johnson & Johnson acquired the brand for about Rs 750 cror...