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Slide #29. GE Healthcare — Thermo Fisher Scientific Cell Culture, Gene Modulation and Magnetic Beads Businesses
Acquirer:
GE Healthcare (GE)
Acquiree:
Thermo Fisher Scientific Cell Culture, Gene Modulation and Magnetic Beads Businesses (TMO)
Details:
Thermo Fisher Scientific (NYSE:TMO), the world leader in serving science, today announced that it has signed an agreement to sell its cell culture (sera and media), gene modulation and magnetic beads businesses to GE Healthcare, a unit of General Electric Company (NYSE:,GE), for approximately $1.06 billion. The businesses will become part of GE Healthcare's Life Sciences division.
General Electric is a technology industrial company. Co. has four segments: Aviation, which designs and produces commercial and military aircraft engines, integrated engine components, electric power and mechanical aircraft systems; Healthcare, which provides healthcare technologies to markets and has capabilities in medical imaging, digital solutions, patient monitoring and diagnostics, drug discovery and performance improvement solutions; Renewable Energy, which includes onshore and offshore wind, blade manufacturing, grid solutions, hydro, storage, hybrid renewables and digital services offerings; and Power, which provides products and services related to energy production.
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Preferred: GE.PRA
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General Electric is a technology industrial company. Co. has four segments: Aviation, which designs and produces commercial and military aircraft engines, integrated engine components, electric power and mechanical aircraft systems; Healthcare, which provides healthcare technologies to markets and has capabilities in medical imaging, digital solutions, patient monitoring and diagnostics, drug discovery and performance improvement solutions; Renewable Energy, which includes onshore and offshore wind, blade manufacturing, grid solutions, hydro, storage, hybrid renewables and digital services offerings; and Power, which provides products and services related to energy production.
General Electric SEC Filing Email Alerts Service
Preferred: GE.PRA
Open the TMO Page at The Online Investor »
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