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DewDiligence

01/07/14 8:35 PM

#172278 RE: dav1234 #159871

GE acquires TMO’s life-sciences businesses for $1.1B:

http://online.wsj.com/news/articles/SB10001424052702303433304579304143077622598

The deal with GE, expected to close early this year, includes Thermo Fisher's cell-culture business, which includes media and serums used to manufacture medicines and vaccines. The businesses were put up for sale by Thermo Fisher late last year to expedite European approval of its pending $13.6 billion acquisition of Life Technologies Corp…