Merck KGaA Completes Millipore Acquisition and Launches New Merck Millipore Division
Merck Chemicals now comprises two new divisions: Merck Millipore and Performance Materials
Merck KGaA announced the successful completion of its acquisition of Millipore Corporation, a leading life science company based in Billerica, Massachusetts, USA, for an aggregate purchase price including debt and cash of approximately EUR 5.2 billion (US$ 7.0 billion). Merck agreed to acquire Millipore on February 28, 2010 for US$107 in cash per share of Millipore common stock. The closing follows the approval of the acquisition by Millipore’s shareholders at a special meeting held on June 3, 2010 and the satisfaction of other customary conditions, including antitrust clearance in the United States and Europe.
Merck will now begin the process of de-listing the shares of Millipore from the New York Stock Exchange and removing the shares from registration with the U.S. Securities and Exchange Commission.
Other news from the department business & finance
Most read news
More news from our other portals
Last viewed contents
The Shapes of Snowflakes
LANXESS increases prices for Chloroprene Rubber
Next-generation perovskite solar cells made stable by metal oxide “sandwich” - Perovskite solar cells with metal oxide hole and electron transport layers
Overlack Group strengthens its Europe-wide network with the acquisition of Ceepal
Anti-nuclear_antibody
Whatman GD/X™ syringe filters | Syringe filters | Cytiva
Carbon nanotubes grow in combustion flames
Ralph R. Dammel from Merck receives the Frits Zernike Award for Microlithography
Degussa Receives Approval from Chinese Au-thorities to Build Integrated Methacrylates Production Facility
