With Waters stockholders voting to issue shares, the companies are targeting a Feb. 9 close date for the deal.
BD and Waters set Feb. 9 completion date for $17.5B biosciences and diagnostics merger
BD and Waters announced a $17.5B merger that will spin off BD’s biosciences and diagnostics unit and merge it with a Waters subsidiary. The companies are targeting a Feb. 9 completion date, with BD stockholders to receive shares and BD’s owners set to hold about 39.2% of the combined company. Waters’ shareholders approved issuing stock…