Wednesday, September 10, 2008

Siemens Healthcare revises acquisition price at Rs 45 cr

Mumbai, Sep 10 : Clinical diagnostics firm Siemens Healthcare Diagnostics today said it has fixed Rs 45.10 crore as the final purchase price for the acquisition of Dade Behring Diagnostics.  

The company has also approved the supplemental report on valuation of assets and liabilities of the Delhi-based firm for the period July 1 to July 31, 2008, based on which the final purchase price payable is Rs 45.10 crore, Siemens Healthcare Diagnostics said in a regulatory filing to the Bombay Stock Exchange.     

Earlier, the company had evaluated an estimated purchase price of Rs 43 crore for the acquisition, based on the valuation of assets and liabilities done up to June 30, 2008. 

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