PHC Holdings’ $1.14 Billion Acquisition Of The Anatomical Pathology Business From Thermo Fisher Scientific

Simpson Thacher is representing PHC Holdings Corporation (formerly known as Panasonic Healthcare Holdings Co., Ltd.) in connection with its definitive agreement to acquire the Anatomical Pathology business of Thermo Fisher Scientific Inc. (NYSE: TMO) for approximately US$1.14 billion.

The transaction, which is expected to close in the second quarter of 2019, is subject to customary closing conditions and the receipt of applicable regulatory approvals.

Thermo Fisher’s Anatomical Pathology business is one of the leading providers of microscope slides, instruments and consumables in the industry and is part of Thermo Fisher’s Specialty Diagnostics Segment, operating in the U.S., Europe and China. PHCHD is a global healthcare company that offers value-added products and services across diabetes care, diagnostics, life sciences and healthcare IT.

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Involved fees earner: Tristan Brown – Simpson Thacher & Bartlett; Steven DeLott – Simpson Thacher & Bartlett; Adeeb Fadil – Simpson Thacher & Bartlett; Megan Griffith – Simpson Thacher & Bartlett; Makiko Harunari – Simpson Thacher & Bartlett; Shahpur Kabraji – Simpson Thacher & Bartlett; Kathryn King Sudol – Simpson Thacher & Bartlett; Tomohiro Koyasu – Simpson Thacher & Bartlett; Noritaka Kumamoto – Simpson Thacher & Bartlett; Noreen Lavan – Simpson Thacher & Bartlett; Lori Lesser – Simpson Thacher & Bartlett; Dennis Loiacono – Simpson Thacher & Bartlett; Johanna Mayer – Simpson Thacher & Bartlett; Krista McManus – Simpson Thacher & Bartlett; Katharine Moir – Simpson Thacher & Bartlett; Alyssa Ohanian – Simpson Thacher & Bartlett; Étienne Renaudeau – Simpson Thacher & Bartlett; Alysha Sekhon – Simpson Thacher & Bartlett; Joseph Tootle – Simpson Thacher & Bartlett; Atsushi Usui – Simpson Thacher & Bartlett; David Vann – Simpson Thacher & Bartlett; Erik Ward – Simpson Thacher & Bartlett; Janet Yu – Simpson Thacher & Bartlett; Dmitry Zelik – Simpson Thacher & Bartlett;

Law Firms: Simpson Thacher & Bartlett;

Clients: Panasonic Healthcare Co., Ltd.;

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Author: Michael Patrini