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Thermo Fisher Selling Units to Pave Way for Approval of Life Technologies Acquisition

Thermo Fisher Scientific Inc. is shedding certain assets to hasten approval of its $13.6 billion acquisition of Life Technologies Corp., selling its gene modulation, cell culture and magnetic beads businesses to GE Healthcare for $1.06 billion, Thermo Fisher said.

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EU Gives Conditional Approval for Acquisition of Life Technologies

The European Union gave conditional approval to the purchase of Carlsbad-based Life Technologies Corp. by Thermo Fisher Scientific Inc.

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