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Danaher Receives S.Korean FTC's Conditional Approval for its $21.4B GE Biopharma Acquisition

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Danaher Receives S.Korean FTC's Conditional Approval for its $21.4B GE Biopharma Acquisition

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  • South Korea's FTC has approved Danaher’s $21.4 billion acquisition of GE biopharma on condition that the companies will sell eight bioprocessing product assets addressing monopoly concerns
  • The FTC’s approval follows EU’s conditional approval received in Dec 2019 after it agrees to sell five businesses to address worries about competition
  • In Feb’2019- Danaher announced the acquisition of biopharma business of GE Life Sciences in all-cash transaction making a deal value ~$21.4B

Click here to read full press release/ article | Ref: Reuters | Image: Signbox


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This content piece was prepared by our former Senior Editor. She had expertise in life science research and was an avid reader. For any query reach out to us at connect@pharmashots.com

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