FRANKFURT, July 17 German engineering group Siemens agreed to sell its clinical microbiology business to Beckman Coulter, a subsidiary of Danaher Corp, as part of a restructuring plan designed to improve profitability.
Siemens, which did not disclose financial details of the deal, said the move allowed it to focus its healthcare division more on its in-vitro business.
The transaction is expected to close in the first quarter of 2015 and is subject to regulatory approvals, Beckman Coulter said in a statement. (Reporting by Thomas Atkins; Editing by Prateek Chatterjee)
UPDATE 1-Trump to nominate businessman Hagerty as Japan ambassador-White House
WASHINGTON, March 23 U.S. President Donald Trump intends to nominate businessman William Hagerty as the next U.S. ambassador to Japan, the White House said on Thursday.