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TMO Thermo Fisher Scientific Inc

575.32
2.94 (0.51%)
Last Updated: 17:47:14
Delayed by 15 minutes
Share Name Share Symbol Market Type
Thermo Fisher Scientific Inc NYSE:TMO NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  2.94 0.51% 575.32 576.385 570.345 575.41 321,949 17:47:14

UK Watchdog to Investigate Thermo Fisher's Planned Acquisition of PPD

15/10/2021 8:12am

Dow Jones News


Thermo Fisher Scientific (NYSE:TMO)
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By Ian Walker

 

The U.K. Competition and Markets Authority said Friday that is has started an investigation into Thermo Fisher Scientific Inc.'s planned $17.4 billion acquisition of PPD Inc. to see if it would lead to a lessening of competition.

The regulator said that it has set a deadline of Dec. 10 for its phase 1 decision. It has also invited comments from interested parties ahead of a further review with a deadline of Nov. 1.

Thermo Fisher said on April 15 that it had agreed to buy pharmaceutical-testing company PPD.

 

Write to Ian Walker at ian.walker@wsj.com

 

(END) Dow Jones Newswires

October 15, 2021 02:57 ET (06:57 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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