German pharmaceutical and chemical company Merck has purchased Sigma-Aldrich, a United States life sciences company for $17 Billion.
Sigma-Aldrich was created when Sigma Chemical Company and Aldrich Chemical Company merged in 1975. The company then went on to buy upwards of six other biochemical and research companies since 2001.
According to reports, Merck will pay $140 per share in cash.
Manufacturing capabilities of Sigma-Aldrich: