12.04.2013 - Temasek, US funds bid S$13.6bln for Life Technologies
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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