Bloomberg News

Biohit Gains Most Since 2010 After Selling Liquid-Handling Unit

October 27, 2011

Oct. 27 (Bloomberg) -- Biohit Oyj, a Finnish maker of diagnostics equipment, rose the most since January 2010 after selling its liquid-handling business.

Biohit advanced as much as 80 percent to 3.96 euros and rose 47 percent at 12:24 p.m. in Helsinki.

Biohit said yesterday Sartorius AG agreed to buy the liquid-handling business of the Helsinki-based company for 68 million euros ($95.2 million). The deal, subject to clearance by antitrust authorities, is expected to close in December.

To contact the editor responsible for this story: Kati Pohjanpalo at kpohjanpalo@bloomberg.net


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