June 10, 2019 / 1:16 PM / 8 days ago

Thermo Fisher, Roper agree to terminate $925 million deal

June 10 (Reuters) - Thermo Fisher Scientific Inc and Roper Technologies Inc on Monday said they have mutually agreed to terminate Thermo Fisher’s deal to buy Roper’s unit Gatan Inc.

The announcement comes after Britain’s competition watchdog in December said the $925 million acquisition could raise concerns that prices of microscopes could go up and quality could suffer.

Reporting by Saumya Sibi Joseph in Bengaluru; Editing by Bernard Orr

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