Medtech Insight is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Thermo BioAnalysis

This article was originally published in The Gray Sheet

Executive Summary

Firm agrees to acquire the Clinical Products Group of Life Sciences International PLC from Thermo Instrument Systems for $66.7 mil. in stock. Under the terms of the deal, Thermo BioAnalysis will also assume existing indebtedness of about $37.9 mil., bringing the total value of the deal to about $104.5 mil., including about $12 mil. in cash held by the Clinical Products Group. Both Thermo BioAnalysis and Thermo Instrument are public subsidiaries of Thermo Electron. The Clinical Products Group provides equipment and consumables for cytology, histology and pathology applications, as well as consumables for blood gas and ion-selective electrode analyzers worldwide, while Thermo BioAnalysis makes biomolecular instruments and clinical laboratory equipment for biochemical research, clinical diagnosis and pharmaceutical production..
Advertisement
Advertisement
UsernamePublicRestriction

Register

MT010069

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel