Abbott plans to close Alere acquisition on October 3

Abbott plans to close its acquisition of Alere on October 3, 2017, after receiving anti-trust approvals. The deal is valued at $5.3 billion, down from the initial $5.8 billion. Abbott will divest certain assets to Siemens and Quidel.

“Creating the world’s leading point of care business will help Abbott meet the growing demand for fast, accurate and actionable information”massdevice.com

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• massdevice.comUPDATE: Abbott plans to close $5B Alere buyout next week - MassDeviceBrad PerrielloSep 29, 2017

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