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Thermo Fisher Strikes Deal for Solventum’s Filtration Unit
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Thermo Fisher Scientific said Tuesday it is buying Solventum’s purification and filtration business, confirming an earlier report by The Wall Street Journal. Thermo Fisher said it is paying about $4.1 billion in cash for the business. The Journal reported in October that Solventum, the healthcare company spun off from 3M last year, had retained bankers to explore a sale of its purification and filtration unit.
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