Issue Date: April 16, 2012
Corning Buys Lab Supplies Business
Corning will pay about $730 million in cash to buy 75% of the discovery labware unit of Becton, Dickinson & Co. Expected to have sales this year of $235 million, the operations involved in the deal make and sell plastic consumable labware, liquid-handling products, cell-based assays, and life sciences research reagents. New Jersey-based BD will retain the discovery labware unit’s bioprocessing supplies business, which includes cell-culture media.
“The acquisition will . . .
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