Waters to buy Becton unit in a $17.5 billion deal
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The transaction, approved by both companies' boards of directors, is expected to close by the end of the first quarter of 2026.
Medical analysis equipment maker Waters is combining with a unit of Becton Dickinson in a complex spin-merge. At a discount to its own valuation multiple, the price looks good. The snag is so-so synergy promises at a time when government cuts are hitting crucial research funding.
Recent developments illustrate dynamic shifts in the healthcare sector. Trump's spending bill is anticipated to challenge insurers by increasing costs and restricting Medicaid coverage. Waters Corp is expanding through a significant acquisition,
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Zacks.com on MSNBD Partners With Waters to Build High-Volume Diagnostics LeaderBDX collaborates with Waters in a $17.5B deal to form a diagnostics powerhouse targeting $9B in revenues by 2030.
Autodesk (ADSK) is reportedly no longer pursuing an acquisition of software provider PTC (PTC), according to reports from Bloomberg. Becton Dickinson (BDX) and Waters (WAT) reached a $17.5 billion deal.
Strong strategic fit that increases presence in multiple high-growth adjacencies and offers immediate commercial impact from Waters' proven execution model