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bioMerieux-Pierre Fabre Lives Up to Its Name

Executive Summary

Only seven weeks after merging, French diagnostic-pharma company bioMerieux-Pierre Fabre is proposing to buy Organon Teknika's diagnostics business. The deal would combine two players with complementary, not overlapping, strengths in microbiology and infectious diseases. Under Dutch labor law, the proposal must be reviewed by Dutch employee groups and antitrust regulators before Organon Teknika's parent, Akzo Nobel NV, can formally accept it.

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