24.02.2010 • News

Millipore Says Evaluating ‘Strategic Alternatives’

Millipore, which is under a $6 billion takeover offer from U.S. laboratory equipment maker Thermo Fisher
Scientific, said it hired Goldman Sachs as an advisor in evaluating "strategic alternatives." A source familiar with the situation told Reuters on Monday Thermo Fisher Scientific has offered to buy Millipore. Millipore said it not has set a definitive timetable for completion of its evaluation.

It has engaged Goldman Sachs as its financial advisor and Cravath, Swaine & Moore LLP as its legal advisor, it said in a statement.

Millipore, which has a market capitalization of about $4 billion, makes filters and purifiers for laboratory water and other materials used in making biotechnology drugs.

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Together for Sustainability (TfS) is a pioneering, member-led initiative working to accelerate sustainable and resilient chemical supply chains. TfS President Jennifer Jewson discusses the origins of TfS, its evolving goals, its present-day challenges, and the initiative’s enduring impact and outlook for the future.

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VCI Welcomes US-EU Customs Deal

The German Chemical Industry Association (VCI) welcomes the fact that Ursula von der Leyen, President of the European Commission, and US President Donald Trump have averted the danger of a trade war for the time being.