PHILADELPHIA May 18 Bidders emerged for
allergy-testing company Phadia AB and test-maker Gen-Probe Inc
(GPRO.O), according to The Wall Street Journal.
Laboratory equipment company Thermo Fisher Scientific Inc
(TMO.N) is a leading contender for privately owned Phadia, and
is involved in the auction for Gen-Probe, the newspaper
reported in its online edition.
Phadia could fetch as much as $3 billion in a sale, while
Gen-Probe has a market capitalization of $3.8 billion.
Other bidders for Gen-Probe include Novartis AG NOVN.VX,
and Life Technologies Corp (LIFE.O), the newspaper said.
The companies could not be immediately reached for
(Reporting by Jessica Hall. Editing by Robert MacMillan)
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