Merck seeks €1bn loan to acquire Millipore

Merck seeks €1bn loan to acquire Millipore. (SUPPLIED)

Merck, the German chemical and drugmaker, buying US biotechnology equipment firm Millipore, and is syndicating a €1 billion (Dh5.1bn) loan to finance the deal. Merck offered banks initial interest of 165 basis points more than benchmark rates.

 

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