Mergers and Acquisitions — The 10 Biggest Deals of 2013

These companies led the mergers and acquisitions charge in 2013

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#7: Thermo Fisher Scientific (TMO) Buys Life Technologies (LIFE)

Thermo Fisher 185 Mergers and Acquisitions    The 10 Biggest Deals of 2013Transaction Value: $13 billion

There were a lot of mergers and acquisitions in the healthcare industry this year — especially in the various specialty subsectors — and no deal was bigger than this.

Thermo Fisher Scientific (TMO), the world’s largest maker of scientific and lab equipment, struck an agreement to buy genetic sequencing company Life Technologies (LIFE). The tie-up vaults Thermo into a prime position in the promising new field of personalized medicine.

Life Technologies is a huge prize because of the dramatic strides it’s making it cutting the time and costs for sequencing human DNA, which allows for the development of highly personal gene-based diagnostic tests and therapies.


Article printed from InvestorPlace Media, http://investorplace.com/2013/12/mergers-and-acquisitions-biggest-deals-2013/.

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