Germany's Merck to buy Sigma-Aldrich for $17 billion to boost lab supplies operation

[riky]

Germany's Merck to buy Sigma-Aldrich for $17 billion to boost lab supplies operation

<p><a href="http://news.yahoo.com/merck-kgaa-buy-sigma-aldrich-17-billion-101605913--finance.html"><img src="http://l2.yimg.com/bt/api/res/1.2/goFw.PLLtJu7yKAhbJEr3g--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-09-22T123808Z_1006950004_LYNXNPEA8L0CK_RTROPTP_2_CBUSINESS-US-MERCK-SIGMA-ALDRICH.JPG" width="130" height="86" alt="Branch of drugs and chemicals group Merck is pictured in central German city of Darmstadt" align="left" title="Branch of drugs and chemicals group Merck is pictured in central German city of Darmstadt" border="0" /></a>By Ludwig Burger FRANKFURT (Reuters) - Drugs and chemicals maker Merck KGaA agreed on Monday to acquire U.S.-based Sigma-Aldrich Corp for $17 billion in cash to boost its lab supplies business, the biggest takeover in the German group's history. The deal helps Merck, 70 percent controlled by the descendants of its 17th century founder, to focus more on supplying drugmakers and academic institutions with chemicals and services, seen as offering a steadier income stream than drug development. ...</p><br clear="all"/>

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