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Solventum Stock Jumps

Solventum Stock Jumps After $4.1B Deal With Thermo Fisher

Key Takeaways Shares of Solventum rose Tuesday after the company agreed to sell its filtration and purification business to medical device maker Thermo Fisher Scientific for $4.1 billion.Solventum Chief Executive Officer Bryan Hanson said the move is part of a transformation plan for the company,

Reuters · 3d

Thermo Fisher buys Solventum's purification and filtration business for $4.1 billion

Contract drug manufacturer Thermo Fisher Scientific said on Tuesday it will buy Solventum's purification and filtration business for about $4.1 billion, sending the latter's shares up around 9%.

GEN · 4h

Thermo Fisher Scientific Agreed to Acquire Solventum’s Purification and Filtration Business

The addition of Solventum’s business provides a strategic fit with Thermo Fisher and will create value for customers, according to Marc N. Casper, chairman, president, and CEO of Thermo Fisher.

MassDevice13h

Solventum beats The Street in Q4 — but stock is down

Solventum (NYSE:SOLV) yesterday announced fourth-quarter results that came in ahead of the consensus forecast on Wall Street.

MedCity News4d

Thermo Fisher Beefs Up in Bioprocessing With $4B Acquisition of Solventum Biz Segment

Thermo Fisher Scientific is expanding its life sciences portfolio by acquiring a division of Solventum that provides technologies and products used in the manufacturing of biologic drugs.

11h

Solventum: Q4 EPS Beats, Cash Flow Dips

Adjusted EPS for the quarter came in at $1.41 against an anticipated $1.31 and revenue of $2.074 billion exceeded the expected $2.050 billion. Despite this, its adjusted free cash flow fell ...

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Solventum Stock Jumps

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