Big news in the business world! A company called Thermo Fisher is buying another company, Solventum, for a whopping $4.1 billion! That's like a lot of money, enough to buy a whole bunch of schools and playgrounds!
This deal is all about making drugs. Solventum makes special filters to clean drugs while they are being made. Thermo Fisher wants these filters to make even better drugs.
Experts think this is a smart move for Thermo Fisher. It helps them compete better with other big companies in the drug-making business.
- Thermo Fisher bought Solventum's filter business.
- Solventum's filters clean drugs and food.
- The deal will help Thermo Fisher make better drugs.
| Fact | Number |
|---|---|
| Deal price | $4.1 billion |
| Solventum's 2024 revenue | $1 billion |
| Expected completion | End of 2025 |
