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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Roper Technologies Inc | NYSE:ROP | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 476.97 | 0 | 01:00:00 |
By Colin Kellaher
Thermo Fisher Scientific Inc.'s (TMO) $925 million deal to buy Gatan Inc. from Roper Technologies Inc. (ROP) has been scrapped due to regulatory challenges in the U.K.
Thermo Fisher last June agreed to buy Gatan, which makes instrumentation and software used with electron microscopes, but the companies in December said the deal was delayed as U.K. regulators conducted a further review.
Thermo Fisher and Roper on Monday said they mutually terminated the transaction, but they added that an existing agreement under which Gatan supplies filter systems, cameras and software to Thermo Fisher's electron microscopy business remains intact.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
June 10, 2019 09:38 ET (13:38 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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