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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.

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