sial – Scalper1

5 Big Deals Lifting German M&A In U.S. To Record High

Monday brought news of yet another large acquisition of a U.S. company by a German industry titan, adding up to the biggest year on record for German-American buyouts. Drugmaker Merck KGaA said it will buy St. Louis-based Sigma-Aldrich (SIAL), which supplies chemicals and kits to the life-science industry, for $17 billion. Diversified giant Siemens (SIEGY) on Sunday night confirmed last week’s rumors that it is buying Houston

Sigma-Aldrich Hits High On Sale To Germany’s Merck

Shares of Sigma-Aldrich (SIAL), a major provider of chemicals and other products for the life-science industry, jumped more than 34% to an all-time high near 138 in the stock market today after German drugmaker Merck KGaA announced it’s buying the company for $17 billion in cash. Merck, which does business in the U.S. as EMD Millipore to avoid confusion with its long-separated offspring Merck (MRK), said the buyout represents a “quantum leap” in