Corning to Acquire Labware Unit
Specialty glass and ceramics manufacturer Corning Inc. of Corning, N.Y., plans to buy the majority of Becton, Dickinson and Co.’s Billerica, Mass.-based Discovery Labware division later this year for approximately $730 million in cash. When completed, the acquisition will expand Corning’s global market access and enhance its life sciences portfolio in the areas of drug-discovery tools, bioprocess solutions and laboratory research instruments.
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