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Home » Thermo Fisher agrees to $2.6B all-cash deal to acquire Binding Site Group
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Thermo Fisher agrees to $2.6B all-cash deal to acquire Binding Site Group

Oct. 31, 2022
By Mark McCarty
Thermo Fisher Scientific Inc. has agreed to acquire The Binding Site Group (BSG) from a shareholder consortium in a $2.6 billion cash transaction that folds in neatly with Thermo Fisher’s existing product portfolio. The acquisition should be completed in the first half of 2023, but while the news had only a modest effect on Thermo’s share prices, this transaction should boost adjusted earnings per share by seven cents in the first full year after the transaction has closed.
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