3M To Separate Food Safety Business And Combine It With NEOGEN - Quick Facts

11:49am, Tuesday, 14'th Dec 2021 Business Insider Markets
(RTTNews) - NEOGEN Corp. (NEOG) and 3M (MMM) have entered into a definitive agreement pursuant to which 3M will separate its Food Safety business and combine it with NEOGEN. The deal implies an enterprise value for 3M''s Food Safety business of approximately $5.3 billion, including $1 billion in new debt to be incurred by 3M''s Food Safety business.
LANSING, Mich., and ST. PAUL, Minn., Dec. 14, 2021 /PRNewswire/ -- NEOGEN Corporation (NASDAQ: NEOG) and 3M (NYSE: MMM) announced today that they have entered into a definitive agreement pursuant to which 3M will separate its Food Safety business and simultaneously combine it with NEOGEN…
The stock price of NEOGEN Corporation (NASDAQ: NEOG) increased by over 7% pre-market today. This is why it happened.
3M Co (NYSE: MMM) has agreed to separate its Food Safety business and combine it with Neogen Corp (NASDAQ: NEOG). The transaction implies an enterprise value for 3M's Food Safety business of ~$5.

3M to combine food-safety business with Neogen

08:09am, Tuesday, 14'th Dec 2021
(Reuters) -3M Co said on Tuesday it would merge its food-safety business with food testing and animal healthcare products maker Neogen Corp in a tax-free transaction, as the industrial giant sharpens
Neogen Corp. shares NEOG, -0.20% soared 14% in premarket trade Tuesday, after the company confirmed a Wall Street Journal report that it is combining with 3M Corp.'s MMM, -1.42% food-safety business i

NEOGEN (NEOG) Inks Deal to Boost Global Genomics Business

02:05pm, Friday, 10'th Dec 2021 Zacks Investment Research
NEOGEN's (NEOG) latest acquisition of Genetic Veterinary Sciences, Inc. will bolster the global genomics business.
NEOGEN's (NEOG) latest acquisition of Genetic Veterinary Sciences, Inc. will bolster the global genomics business.
LINCOLN, Neb. , Dec. 9, 2021 /PRNewswire/ -- NEOGEN Corporation (NASDAQ: NEOG ) announced today that it has acquired Spokane, Washington -based companion animal genetic testing company Genetic Veterinary Sciences, Inc. Genetic Veterinary Sciences, Inc. ("GVS") was founded in 2012 and is dedicated to providing companion animal owners, breeders, and veterinarians genetic information that enables optimal genetic health for dogs, cats, and birds. Their brands include Paw Print Genetics, Canine HealthCheck, My CatScan, and AvianDx. "We are happy to have GVS join the NEOGEN team," said Marylinn Munson , NEOGEN''s Vice President of Genomics. "With the growth in pet parenting globally over the past five years, and particularly as a result of the COVID-19 pandemic, this acquisition will further expand the opportunities for our global … Full story available on Benzinga.com

Pacer Advisors Inc. Acquires 3,525 Shares of Neogen Co. (NASDAQ:NEOG)

10:10am, Wednesday, 08'th Dec 2021 Dakota Financial News
Pacer Advisors Inc. raised its holdings in Neogen Co. (NASDAQ:NEOG) by 31.0% during the third quarter, HoldingsChannel.com reports. The fund owned 14,906 shares of the companys stock after purchasing an additional 3,525 shares during the period. Pacer Advisors Inc.s holdings in Neogen were worth $647,000 at the end of the most recent reporting period. Other []
The Romanian startup Frisbo, the e-fulfillment platform with the largest presence in Europe, which takes over the storage, packaging and delivery of online orders, attracted an investment of 2 million dollars in a round led by the Eleven Ventures investment fund, with the participation of GapMinder Ventures, RocaX and Neogen. Founded by entrepreneurs Bogdan Colceriu, []
Companies covered in the biocides market are Vink Chemicals GmbH & Co. KG, Clariant, Kemira Oyj, Troy Corporation, Thor Group Limited, Lanxess AG, Solvay SA, Neogen Corporation, Finoric LLC, Shanghai Zhongxin Yuxiang Chemical Co, Shandong IRO Biocide Chemicals Co., Ltd, Albemarle Corporation, Lonza Group Ltd, Wuxi Honor Shine Chemical Co. Ltd and more players profiled Companies covered in the biocides market are Vink Chemicals GmbH & Co. KG, Clariant, Kemira Oyj, Troy Corporation, Thor Group Limited, Lanxess AG, Solvay SA, Neogen Corporation, Finoric LLC, Shanghai Zhongxin Yuxiang Chemical Co, Shandong IRO Biocide Chemicals Co., Ltd, Albemarle Corporation, Lonza Group Ltd, Wuxi Honor Shine Chemical Co. Ltd and more players profiled
New Jersey, United Kingdom, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Facts and Factors have published a new research report titled "Veterinary Surgical Instruments Market By Instrument Type (Handheld Devices, Electrosurgery Instrument, Suture, Staplers, & Accessories, & Others), By Animal Type (Large Animal & Small Animal), By Application (Soft Tissue Surgery, Cardiovascular Surgery, Ophthalmic Surgery, Dental Surgery, Orthopedic Surgery, & Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 2026" in its research database "According to the latest research study, the demand of global Veterinary Surgical Instruments Market size & share expected to reach to USD 1,023.5 Million by 2026 from USD 783.9 Million in 2020, at a compound annual growth rate (CAGR) of 6.8% during the forecast period 2021 to 2026" How Big is Veterinary Surgical Instruments Market? Report Overview & Coverage: Veterinary surgical instruments are the tools that are often used by veterinaries for performing surgeries which can be categorized into three broad categories Orthopedics (Bones, joints, and muscles), soft tissue surgery (skin, body cavities, and GI/respiratory tracts), and neurosurgery.

NEOGEN (NEOG) Strengthens Global Foothold With Delf Buyout

03:21pm, Thursday, 02'nd Dec 2021 Zacks Investment Research
NEOGEN (NEOG) management believes that Delf's 40 years of experience in the UK dairy hygiene market will help it strengthen its foothold in this region's dairy chemicals market.
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