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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 (NYSE: 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 (NYSE: GE), for approximately $1.06 billion. The businesses will become part of
GE Healthcare's Life Sciences division.

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Posted-In: News Guidance Asset Sales Management M&A Global

 

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