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Sovereign Wealth Funds Briefing - Categorized | Investment

Temasek, US funds bid S$13.6bln for Life Technologies

Posted on 12 April 2013

Singapore investment giant Temasek Holdings has teamed up with large American funds including KKR, Blackstone Group, Carlyle Group and TPG Capital to bid about US$11 billion (S$13.6 billion) for Life Technologies, according to people familiar with the matter, in what may become one of the world’s biggest acquisitions this year.
The offer for US-based Life Tech, which provides high-tech research equipment to laboratories, pits the buyout group against Thermo Fisher Scientific of the United States, the world’s largest maker of laboratory equipment, the sources said…………………………………..Full Article: Source


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