BOE Technology Group, a display technologies company, intends to acquire 23.8% stake in Cnoga Medical, a manufacturer of non-invasive medical devices, for $50m.
The transaction will help the latter to market the former’s medical products in China and develop new product lines for the professional health market.
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Medical and laboratory equipments provider, Sartorius, plans to acquire Essen BioScience from SFW Capital Partners, for a cash consideration of $320m.
The acquisition, which is expected to be completed before March 2017, will enable Sartorius to expand its bioanalytics portfolio.
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By GlobalData
