logo
Quick Facts
Plus   Neg
Share
Email

Merck Acquires Biochrom

By RTTNews Staff Writer   ✉   | Published:

Biochrom AG (MKGAY.PK) announced that Merck & Co. Inc.(MRK) entered into a definitive agreement to acquire Biochrom AG. The acquisition is subject to customary closing conditions, including approval by the relevant antitrust authorities.

The transaction is expected to close in the fourth-quarter of 2012.

The Berlin location Biochrom AG is to be maintained. The activities of Biochrom be integrated into the Process Solutions business unit of Merck Millipore.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Teens' Designs To Hit Best Buy Store Shelves
Best Buy said it is partnering Popsockets to bring products designed by teens from the company's community programs to its store shelves. The electronics retailer will sell the teen-designed PopGrips in its stores as part of its "Black History Month" campaign. The campaign is intended to celebrate and encourage young artists.
Goldman Sachs Q4 Profit More Than Doubles; Results Top Estimates
Goldman Sachs Group Inc. (GS) on Tuesday reported a fourth-quarter profit that more than doubled from last year, reflecting a surge in investment banking revenues and lower provisions for bad loans. Net revenues for the quarter rose 18 percent. Both quarterly earnings per share and revenues topped analysts' expectations.
Holiday Retail Sales Rise 8.3% Defying The Pandemic
U.S. holiday retail sales in 2020 were unexpectedly high compared to last year and came in significantly higher than the previous forecast, according to the National Retail Federation or NRF. Retail sales for the November-December 2020 holiday season grew 8.3 percent from the prior-year period to $789.4 billion. The figures exclude automobile dealers, gasoline stations and restaurants.
Latest Updates on COVID-19
Read More
COVID-19: Drugs in Development
Follow RTT
Copyright © 2021 RTTNews. All rights reserved. By using this site, you agree to the Terms of Service. About Us   |   Contact Us   |   Privacy   |   Sitemap