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Whatman
’GE buys UK’s Whatman for £363m
GE Healthcare, the UK-based subsidiary of General Electric, has agreed to buy Whatman, the filtration products maker, for £363m cash, in a move that beefs up its life sciences arm. GE will pay 270p a share,
The Real Deal: slim pickings for the arbs
It’s a sign of nerves when some of the world’s best-known hedge funds rush to buy into a tiny stock few have heard of. Within hours of announcing that it had received several takeover approaches, shares in Whatman,
US bidders vie for UK’s Whatman
Four US bidders, including General Electric and Danaher, are vying to win control of Whatman, the UK laboratory equipment company, which provides DNA technology to the police. Whatman, which has appointed Goldman Sachs to run the sale process,