Merck KGaA buys Millipore for €5.3 billion
This article was originally published in Scrip
Executive Summary
The German chemicals and pharmaceuticals firm Merck KGaA has agreed to acquire Millipore for €5.3 billion cash. Merck's $107 per share offer was approved by the boards of both companies yesterday. The offer represents a premium of almost a third on Millipore's share price a week ago.