PerkinElmer Buys China-based SYM-BIO For $63.7M
Stock quotes in this article:
PKI
WALTHAM, Mass. (AP) Industrial sciences company PerkinElmer Inc. said Tuesday it bought Shanghai-based SYM-BIO Lifescience for about $63.7 million as part of a move to expand the company's access to hospitals in China.
SYM-BIO is a supplier of diagnostic devices and equipment in China, focusing on infectious diseases. PerkinElmer said the buyout isn't expected to impact 2009 adjusted profit. It will add to profit in 2010, according to the company.- Loading Comments...
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