Siemens receives approval for acquisition of Dade Behring by European Commission

The deal is perfect: The European Commission gave the ok for Siemens´ plans to acquire the U.S. based laboratory diagnostic company Dade Behring Holdings, Inc.. Due to that deal, Siemens will secure its leadership position in the attractive and growing market of laboratory diagnostics.

Photo: Siemens receives approval for acquisition of Dade Behring by European...
Prof. Dr. Erich Reinhardt, member of the Managing Board of Siemens was “pleased with the European Commission´s decision” that came right in time with the completion of last year´s acquisitions of Diagnostic Products Corporation and Bayer Diagnostics.
Following the eypiration of the cash tender offer for all outstanding shares of Dade Behring next Wednesday, any remaining shares of the company will be acquired in a merger at the same price. Upon completion of the acquisition, which is expected until the end of the year, the company will be merged with Siemens Medical Solutions Diagnostics, a U.S.-based subsidiary and part of Siemens Medical Solutions, well ahead of the previously announced schedule for a closing in the first calendar quarter of 2008


More on the subject:More on companies:
Read all latest stories

Related articles


Improvement of cardiac care

Rapid myocardial infarction verification

The use of troponin assays to rule in or rule out myocardial infarction (MI) rapidly is critical on several levels. The quick result can reassure the patient that they have not had a heart attack and…



AI helpers simplify clinical MRI scans

The new 1.5 Tesla MRI from Siemens Healthineers, Magnetom Sola, is packed with helpful algorithms and other functions. AI-supported systems monitor patients and scan parameters and ensure consistent…


Lab equipment

It takes a team

Clinical laboratories need to meet greater testing demands, improve efficiency, and deliver reliable, high-quality results, while at the same time, facing an increasing shortage of skilled employees…

Related products