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UPDATE 1-Merck KGaA raises guidance on lab supply demand, takeover

2015-11-12 12:21:04| Chemicals - Topix.net

German drugs and chemicals maker Merck KGaA lifted its full-year guidance for core earnings on strong demand for its lab supplies and the $17 billion acquisition of Sigma-Aldrich. Merck this week cleared regulatory hurdles for the Sigma-Aldrich deal, which will make it the world's second-largest supplier of biotech labs and drug companies after Thermo Fisher.

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