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Merck KGaA to acquire Millipore

By Gerald Ondrey |

Merck KGaA (Darmstadt, Germany; www.merck.de) Millipore Corp.; Billerica, Mass.; www.millipore.com) have announced that they have entered into a definitive agreement under which Merck KGaA will acquire all outstanding shares of common stock of Millipore, for $107 per share in cash, or a total transaction value, including net debt, of approximately €5.3 billion ($7.2 billion). The transaction was approved by the boards of directors of both companies. Millipore and Merck will create a €2.1 billion ($2.9 billion) world-class partner for the Life Science sector, achieving significant scale in high-margin specialty products with an attractive growth profile. “This transaction is very attractive to shareholders, customers and employees of both companies,” says Karl-Ludwig Kley, chairman of the executive board of Merck. “This is a combination with an excellent strategic fit, which will allow us to cover the entire value chain for our pharma and biopharma customers, offering integrated solutions beyond chemicals.”    Millipore has a strong position in the attractive bioresearch and bioproduction segments, offering a comprehensive range of products, technologies and services for pharma and…
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