Fisons to sell laboratory supplies to Fisher Scientific (US)
This article was originally published in Clinica
Executive Summary
In its third disposal within six months, Fisons (UK) intends to sell most of its laboratory supplies division to Fisher Scientific (US) for $310 million in cash. This sale would pare the UK company down to its $730 million-turnover pharmaceutical business, which is the target of a hostile $2,700 million bid from US-based Rhone-Poulenc Rorer.