Waters and Biosciences & Diagnostic Solutions unit to combine for $17.5B

3 hours ago 1

Waters (NYSE:WAT) and BD's Biosciences & Diagnostic Solutions, a unit of Becton, Dickinson and Company (NYSE:BDX) to merge to create an innovative life science and diagnostics leader.
The agreement is structured as a tax-efficient, Reverse Morris Trust transaction, where BD's Biosciences & Diagnostic

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