German officials clear Siemens' Diagnostic Products deal

AuntMinnieEurope.com staff writers
Jun 22, 2006

Siemens Medical Solutions of Erlangen, Germany, has received approval from German regulators to acquire Diagnostic Products Corporation (DPC) of Los Angeles.

The German Federal Cartel Office cleared Siemens to buy the designer and manufacturer of automated laboratory instrumentation and immunoassay systems for approximately $1.86 billion.

DPC shareholders are scheduled to vote on the proposed transaction on July 27.

By AuntMinnie.com staff writers
June 23, 2006

Related Reading

Siemens shuffles management, June 5, 2006

Siemens to manage IT for Illinois hospital, May 25, 2006

Stereotaxis, Siemens extend partnership, May 17, 2006

Siemens to buy Diagnostic Products, April 28, 2006

SonoSite, Siemens join forces, April 21, 2006

Copyright © 2006 AuntMinnie.com

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