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GE HealthCare to Acquire SOFIE Bioscience for $945 million

The Wall Street Journal +3 ·

GEHC GE HealthCare Technologies Inc
$65.74 +2.26%
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  1. 1GE HealthCare Technologies has agreed to acquire SOFIE Bioscience from Trilantic North America in a $945 million cash deal.
  2. 2GEHC shares rose more than 1% on Monday.
  3. 3Citi lowered its price target for GE HealthCare from $75 to $71.

So what's the key point?

GE HealthCare has decided to buy SOFIE Bioscience for $945 million. Experts do not expect this company's stock to rise further in the future.

Source The Wall Street Journal +3 · View original ↗

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