Siemens scores U.S. antitrust OK for Dade Behring deal

AuntMinnieEurope.com staff writers

Sep 18, 2007

Siemens Medical Solutions has passed a key hurdle in its proposed acquisition of Deerfield, IL-based Dade Behring for approximately $7 billion in cash.

Erlangen, Germany-based Siemens has received U.S. antitrust clearance for its wholly owned subsidiary, Belfast Merger, to acquire the clinical laboratory equipment company for $77 per share of Dade Behring common stock.

On September 5, the tender offer was extended to 12:00 midnight, east coast U.S. time, on September 26. Siemens hopes to complete the acquisition before the end of this year.

By AuntMinnie.com staff writers
September 19, 2007

Related Reading

Siemens to buy lab giant Dade Behring for $7 billion, July 25, 2007

Siemens wins California particle beam contract, July 5, 2007

Siemens shows images from its dual-source CT, June 18, 2007

Siemens unveils HD-PET, June 4, 2007

Siemens releases patient information card, May 31, 2007

Copyright © 2007 AuntMinnie.com

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