September 27, 2019 / 12:33 PM / 25 days ago

Ametek to buy Roper Tech's unit for $925 mln

Sept 27 (Reuters) - Ametek Inc said on Friday it would buy Roper Technologies Inc’s unit, Gatan Inc, for $925 million in cash, months after Thermo Fisher Scientific Inc scrapped its plan to buy the business due to regulatory challenges.

Thermo Fisher’s $925 million deal to buy Gatan had attracted the scrutiny of Britain’s Competition and Markets Authority (CMA), which had launched an in-depth inquiry into whether the deal could affect competition in January.

Reporting by Saumya Sibi Joseph in Bengaluru; Editing by Amy Caren Daniel

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