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Replies to #91439 on Biotech Values

DewDiligence

09/22/14 9:04 AM

#182093 RE: DewDiligence #91439

Merck KGaA acquires SIAL for $140/sh in cash, a 37% premium to Friday’s closing price:

http://finance.yahoo.com/news/merck-acquire-sigma-aldrich-enhance-102800365.html

The deal value is $17B. Together with the Millipore unit Merck acquired for $7.2B in 2010 (#msg-47249493), SIAL will create an imposing life-sciences “tools” business under the Merck KGaA umbrella.

A CC was held today at 8am ET.