News

Roundup: Deals of the Day

14.12.2010 -

• Private equity firm Bain Capital agreed to buy Dutch specialty chemical distributor IMCD, in a deal that people familiar with the matter said valued the business at close to €650 million.

Thermo Fisher Scientific, the world's largest maker of scientific instruments, said it would buy Dionex for $2.1 billion to broaden its lab equipment and environmental safety offerings and boost its presence in Asia.

General Electric said on Monday it would buy British oilfield services company Wellstream Holdings for about 800 million pounds ($1.3 billion), in a deal that would expand the U.S. conglomerate's subsea equipment and services portfolio.

• British consumer goods firm Reckitt Benckiser agreed to buy privately held Indian ointments and personal care company Paras Pharmaceuticals for about $726 million, beating rivals and paying a steep price for more access to a fast-growing market.