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

26.10.2007

Related articles

Photo

Sponsored • Earlier disease prediction and identification

The potential of AI in routine blood testing

It’s widely known that more than 70% of today’s medical decisions involve the results of laboratory tests, but the insights clinicians derive from these tests today may only be scratching the…

Photo

Sponsored • Siemens Naeotom Alpha

First CT scanner with photon-counting technology

Conventional CT imaging has reached its technical limitations: Resolution can only be improved by small margins and dose cannot be reduced significantly: Photon-counting technology enables drastic…

Photo

Sponsored • Photon-counting CT scanner

No detours, more detail

For the Siemens Healthineers team developing new and ever higher performing computed tomographs is daily fare. But when they introduced their most recent CT system an unusual sense of pride was…

Related products

Subscribe to Newsletter