WALTHAM, Massachusetts (
Thermo Fisher Scientific
agreed to acquire
for $118.50 a share in cash, or a total of about $2.1 billion.
Thermo Fisher said the transaction isn't conditioned on financing and is expected to be completed in the first quarter of 2011.
Shares of Dionex, a laboratory equipment maker, closed Friday at $98.17.
Thermo Fisher said Monday the transaction is expected to be immediately accretive to its adjusted earnings by 13 cents to 15 cents a share in the first 12 months following the deal's closing.
-- Written by Joseph Woelfel
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