04:42 PM EDT, 10/10/2025 (MT Newswires) -- Johnson & Johnson ( JNJ ) said late Friday that it has advised shareholders to reject an unsolicited mini-tender offer from Tutanota to purchase up to 500,000 shares at $145 each.

The offer is priced below the current market value and includes conditions that may prevent shareholders from obtaining fair value, the company said.

Johnson & Johnson ( JNJ ) said it is unaffiliated with Tutanota.

The offer is scheduled to expire on Oct. 29, it added.