Scientific equipment maker Thermo Fisher Scientific will buy rival Life Technologies Corp. for approximately $13.6 billion. Also, Madison Dearborn Partners has agreed to acquire insurance brokerage and wealth management firm National Financial Partners.
April 18, 2013 at 12:00 AM
1 minute read
Scientific equipment maker Thermo Fisher Scientific will buy rival Life Technologies Corp. for approximately $13.6 billion in a deal that combines two of the biggest companies in the field of genomics and cell biology.
Thermo Fisher will pay Life Technologies shareholders $76 for each share of stock. Thermo Fisher will also assume about $2.2 billion in debt, bringing the total deal value to about $15.8 billion.
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