{"id":651821,"date":"2013-04-11T07:10:49","date_gmt":"2013-04-11T11:10:49","guid":{"rendered":"http:\/\/www.pehub.com\/?p=195745"},"modified":"2013-04-11T07:10:49","modified_gmt":"2013-04-11T11:10:49","slug":"reuters-pe-firms-bid-11-1b-for-life-tech","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/651821","title":{"rendered":"Reuters \u2013 PE Firms Bid $11.1B for Life Tech"},"content":{"rendered":"

A private equity consortium bid $65 per share, or $11.1 billion, for Life Technologies Corp.<\/strong>, but fell short of a rival offer from Thermo Fisher Scientific Inc.<\/strong>, Reuters<\/em> reported Wednesday. Thermo Fisher’s bid for the genetic testing equipment maker came in at the high-end of the $65-$70 per share range that it had been considering, two people familiar with the matter told Reuters<\/em>. The exact amount Thermo bid could not be obtained. Blackstone Group LP<\/strong>, Carlyle Group LP<\/strong> and KKR & Co LP<\/strong>, which are part of the buyout consortium, declined to comment. Singapore’s state investor, Temasek Holdings<\/strong>, which is also part of the consortium, could not be reached for comment.<\/p>\n

(Reuters<\/em>) – A private equity consortium bid $65 per share, or $11.1 billion, for Life Technologies Corp , but fell short of a rival offer from Thermo Fisher Scientific Inc, two people familiar with the matter said on Wednesday.<\/p>\n

Thermo Fisher’s bid for the genetic testing equipment maker came in at the high-end of the $65-$70 per share range that it had been considering, two other people familiar with the matter said. The exact amount Thermo bid could not be obtained.<\/p>\n

Blackstone Group LP, Carlyle Group LP and KKR & Co LP, which are part of the buyout consortium, declined to comment. Singapore’s state investor, Temasek Holdings, which is also part of the consortium, could not be reached for comment.<\/p>\n

Life Tech declined to comment. Thermo Fisher did not immediately respond to requests for comment.<\/p>\n

The post Reuters \u2013 PE Firms Bid $11.1B for Life Tech<\/a> appeared first on peHUB<\/a>.<\/p>\n

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A private equity consortium bid $65 per share, or $11.1 billion, for Life Technologies Corp., but fell short of a rival offer from Thermo Fisher Scientific Inc., Reuters reported Wednesday. Thermo Fisher’s bid for the genetic testing equipment maker came in at the high-end of the $65-$70 per share range that it had been considering, […]<\/p>\n","protected":false},"author":7428,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-651821","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/651821","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7428"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=651821"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/651821\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=651821"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=651821"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=651821"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}