News | News By Subject | News by Disease News By Date | Search News
Get Our FREE
Industry eNewsletter
email:    
   

China Approves Thermo Fisher Scientific (TMO), Life Technologies (LIFE) Deal With Conditions



1/16/2014 7:53:28 AM

free biotech news Get the latest biotech news where you want it. Sign up for the free GenePool newsletter today!

China's Commerce Ministry said it had approved U.S.-listed laboratory equipment maker Thermo Fisher Scientific Inc's (TMO.N) $13.6 billion takeover of Life Technologies Corp (LIFE.O), subject to certain conditions. The conditions are that Thermo Fisher cut the prices of two types of its products sold in China, sell its cell culture and gene adjustment businesses, and its stake of 51 percent in China's Lanzhou National Hyclone Bio-engineering Co Ltd.

Help employers find you! Check out all the jobs and post your resume.

Read at Reuters
Read at ChinaBio Today


comments powered by Disqus
   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES