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Sun March 24th, 2013
The Company Acquire of Life Technologies Corp The auction of Life Technologies Corp, which is a
The Company Acquire of Life Technologies Corp The auction of Life Technologies Corp, which is a genetic testing company, has been attracting more "visitors" with exception for previous KKR & Co LP, Hellman & Friedman LLC, Thermo Fisher Scientific Inc, Danaher Corp and a buyout consortium of Blackstone Group LP, private equity firms and so on. This acution has been much competitive. According to Reuters report, Roche Holding AG joined in too. As a biomedical laboratory equipment maker as well as tremendous market value, Life Tech's gene sequencing attracted Roche, the Swiss drugmaker a lot. With the lesson from failed Illumina Inc acquire, Roche need to take thorough thinking this time. More news would be clear in early of April. Source: Creative Biomart, www.creativebiomart.net
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