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Benzinga
Benzinga
Business
Vandana Singh

Becton's Biosciences And Diagnostics Arm Slated To Join Waters In $17.5 Billion Merger

WAT Waters NYSE BD BDX Waters Corporation
Becton Dickinson

Becton, Dickinson and Company (NYSE:BDX) has agreed to combine its Biosciences & Diagnostic Solutions business with Waters Corporation (NYSE:WAT).

The agreement is structured as a tax-efficient Reverse Morris Trust transaction valued at approximately $17.5 billion. The transaction is expected to close around the end of the first quarter of calendar year 2026.

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