Market Overview

BD Signs Agreement to Sell Majority of Discovery Labware Unit for $730M

BD (Becton, Dickinson and Company) (NYSE: BDX) announced today that it has signed a definitive agreement to sell its BD Biosciences - Discovery Labware unit, excluding its Advanced Bioprocessing platform, to Corning Incorporated (NYSE: GLW).

The transaction will be a cash sale for approximately $730 million, subject to post-closing adjustment for inventory balances.

Posted-In: News Asset Sales

 

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