Danaher Corp., Thermo Fisher Scientific Inc. and several private-equity firms are among those considering offers for laboratory-equipment maker Beckman Coulter Inc. , three people with direct knowledge of the matter said.
Swiss stocks fell, posting their biggest three-day loss since August, as the U.S. government shutdown entered its ninth day without an end in sight to the deadlock over fiscal spending and the debt limit.
Sigma-Aldrich Corp. went toe-to-toe against larger rival Thermo Fisher Scientific Inc. to acquire Life Technologies Corp., said people with knowledge of the matter, bidding through the weekend before falling short against Thermo’s $13.6 billion offer.
Price gains of stocks in the Standard & Poor’s 500 Index are outpacing profits by the fastest rate in 14 years as the bull market extends beyond the average length of rallies since Harry S. Truman was president.
Wachtell, Lipton, Rosen & Katz and Wilmer Cutler Pickering Hale & Dorr LLP acted as legal advisers to Thermo Fisher Scientific Inc., the second-biggest maker of life-sciences equipment by market value, which agreed to buy Life Technologies Corp. for $13.6 billion in cash in a deal that expands its reach in medical testing.