financetom
Business
financetom
/
Business
/
Labcorp Completes Acquisition of BioReference's Oncology and Clinical Testing Assets
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Labcorp Completes Acquisition of BioReference's Oncology and Clinical Testing Assets
Sep 15, 2025 6:09 PM

09:00 AM EDT, 09/15/2025 (MT Newswires) -- Labcorp Holdings ( LH ) said Monday it has completed the acquisition of assets of BioReference Health, a wholly owned subsidiary of OPKO Health ( OPK ) .

The acquisition includes BioReference Health's laboratory testing businesses focused on oncology and oncology-related clinical testing services across the US, the company said.

The purchase price for the deal, which was announced in March, was up to $225 million, including $192.5 million paid at closing and up to $32.5 million in an earnout based on performance.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Update: Lufax Holding Shares Fall After Q2 Results
Update: Lufax Holding Shares Fall After Q2 Results
Aug 22, 2024
12:40 PM EDT, 08/22/2024 (MT Newswires) -- (Updates to add the stock movement in the headline and the first paragraph.) Lufax Holding ( LU ) shares retreated nearly 12% in recent Thursday trading, a day after the company reported its Q2 results. The company reported a Q2 loss late Wednesday of 0.69 Chinese renminbi ($0.09) per diluted share, swinging from...
Analysis-China Evergrande subsidiary dealings raises prospects for offshore creditors
Analysis-China Evergrande subsidiary dealings raises prospects for offshore creditors
Aug 22, 2024
HONG KONG (Reuters) - Offshore creditors of China Evergrande ( EGRNF ) might be able to increase their chance of recovering funds if they can prove the property developer is due money from onshore subsidiaries, to which they would therefore be entitled, experts said. Those creditors became de facto shareholders of Evergrande's onshore assets due to a January liquidation order...
US transport safety board opens investigation into Tesla crash in California
US transport safety board opens investigation into Tesla crash in California
Aug 22, 2024
(Reuters) - The U.S. National Transportation Safety Board has opened an investigation into a crash and fire involving a Tesla electric semi-truck on a California highway, the agency said late Wednesday. The NTSB will carry out the safety investigation along with the California Highway Patrol authority, it said in a post on social media platform X. The electric vehicle (EV)...
Apple to Let EU Users Delete Default Apps
Apple to Let EU Users Delete Default Apps
Aug 22, 2024
12:43 PM EDT, 08/22/2024 (MT Newswires) -- Apple ( AAPL ) on Thursday announced plans to give users in the EU more control over their devices as it works to meet the bloc's regulations. The company said it would make changes to its browser choice screen, default apps, and app deletion for iOS and iPadOS users by the end of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved