Web Date: April 15, 2013
Thermo Fisher Scientific To Buy Life Technologies
Confirming weeks of rumor, Thermo Fisher Scientific announced this morning that it will acquire life sciences industry supplier Life Technologies for $13.6 billion, plus the assumption of about $2.2 billion in debt.
The acquisition will cement Thermo Fisher’s role as one of the largest suppliers of scientific instruments and consumables to the laboratory world. Life Technologies will add about $3.8 billion in annual sales to the $12.5 billion . . .
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