Agreement signedPublished 14 Jul 2025

Waters /
the BD Biosciences & Diagnostic Solutions business

Waters to combine with BD diagnostics business in $17.5 billion transaction

Buy side: Waters
Buy sideWaters
Target: the BD Biosciences & Diagnostic Solutions business
Targetthe BD Biosciences & Diagnostic Solutions business
Source · 14 Jul 2025Source-verified
Buy side: Waters
Buy sideWaters
Target: the BD Biosciences & Diagnostic Solutions business
Targetthe BD Biosciences & Diagnostic Solutions business
01 / BuyerWaters
02 / Targetthe BD Biosciences & Diagnostic Solutions business
Source-verified
01

What happened

Waters has agreed to acquire the BD Biosciences & Diagnostic Solutions business through a Reverse Morris Trust. BD will spin off the business and merge it with Waters.

The transaction is valued at approximately $17.5 billion. BD Biosciences & Diagnostic Solutions has expertise in pharma, clinical and diagnostics.

02

The source

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01
Source · Original source

Waters to combine with BD diagnostics business in $17.5 billion transaction

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Source-verified
03

Timeline

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