EU Clears Thermo Fisher's Multibillion-Dollar Clario Acquistion
Dow Jones03-20 19:09
By Edith Hancock
The European Union's competition regulator approved Thermo Fisher Scientific's acquisition of endpoint data-solutions provider Clario Holdings.
The European Commission said on Friday that the deal wouldn't raise competition concerns due to its limited impact on competition in the markets where both companies are active, and that the combined group wouldn't be able to foreclose rivals.
Scientific services company Thermo Fisher agreed to buy Clario in October for $8.88 billion in cash plus $125 million in January 2027, and then up to $400 million based on the business's performance this year and next.
Write to Edith Hancock at edith.hancock@wsj.com
(END) Dow Jones Newswires
March 20, 2026 07:09 ET (11:09 GMT)
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