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Biotechnology M&A image Biotechnology M&A » By The Online Investor Staff, updated Thu., Apr. 25, 10:20 PM Recent mergers and acquisitions in the Biotechnology M&A category.

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 »

Company Name: 
General Electric Co
Stock buyback: 
GE buyback
Website: 
www.ge.com
Sector: 
Electronic Equipment & Products
Number of ETFs Holding GE: 
107
Total Market Value Held by ETFs: 
$18.97B
Total Market Capitalization: 
$223.04B
% of Market Cap. Held by ETFs: 
8.51%
Company Name: 
Thermo Fisher Scientific Inc
Stock buyback: 
TMO buyback
Website: 
www.thermofisher.com
Sector: 
Biotechnology
Number of ETFs Holding TMO: 
105
Total Market Value Held by ETFs: 
$25.42B
Total Market Capitalization: 
$219.10B
% of Market Cap. Held by ETFs: 
11.60%
 

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