Thermo Fisher Scientific to Sell its Cell Culture, Gene Modulation and Magnetic Beads Businesses to GE Healthcare for $1.06B

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Thermo Fisher Scientific
TMO
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
GE
, for approximately $1.06 billion. The businesses will become part of GE Healthcare's Life Sciences division.
See full press release
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