It became known about the transaction that the company made Thermo Fisher Scientific Inc., engaged in the production of instruments used in laboratories. Another manufacturer of laboratory equipment was taken over - Dionex Corp.
The value of the transaction exceeded two billion US dollars. Dionex Corp., whose headquarters is located in the California city of Sunnyvale (Sunnyvale, California), is best known for its developments in the analysis of water and the detection of various chemical mixtures in it. Often they are used to search for drugs, analyze the quality of water for drinking and food. Particularly interested in these achievements in China. Thus, by absorbing Dionex, Thermo Fisher expects not only to expand the range of products, but also to increase its presence in the progressive Chinese market.
The takeover had the most positive impact on the stock price. Dionex, which has increased in value by as much as 20% and is now $118. Shares have also risen in price. Thermo Fisher, which increased by 3.7% to $55. The deal will close in the first quarter of next year.