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-0.000578579497317186 2.57695566223755E-05 -0.000494210674950731 -0.000988421349901262 -0.00203756001129626 0.00067071448743292 -0.000564812199943607 0.00116492516238345
Stock impact report

UPDATE 2-Thermo Fisher scraps Roper deal after U.K. antitrust hurdle [Reuters]

Thermo Fisher Scientific, Inc (TMO)  More Company Research Source: Reuters
Last thermo fisher scientific, inc earnings: 7/24 06:00 am Check Earnings Report
PDF Thermo Fisher scraps Roper deal after U.K. antitrust hurdle (Reuters) - Thermo Fisher Scientific Inc and Roper Technologies Inc said on Monday they have mutually agreed to terminate Thermo Fisher’s deal to buy Roper’s unit Gatan Inc owing to challenges in obtaining regulatory approval in the United Kingdom. The $925 million deal, announced last June, attracted the scrutiny of Britain’s competition watchdog, the Competition and Authority (CMA), which launched an in-depth inquiry in January into whether the deal could affect competition. Thermo Fisher, the world’s largest maker of scientific instruments, wanted to strengthen its electron microscopy business with the acquisition of Gatan, which produces highly specialized “peripherals” such as filters and cameras, used in microscopes. The CMA has raised concerns that the deal could enhance Thermo Fisher’s “already strong market position” and that prices of microscopes could go up and quality could suffer. It also noted the merger could [Read more]
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