BUZZ-Solventum rises after $4.1 billion sale of purification and filtration unit

Reuters
25 Feb
BUZZ-<a href="https://laohu8.com/S/SOLV">Solventum</a> rises after $4.1 billion sale of purification and filtration unit

** Medical device maker Solventum's SOLV.N shares rise 1.8% to $77.67 premarket

** Co says Thermo Fisher TMO.N will buy its purification and filtration business for about $4.1 billion in cash

** The transaction is expected to be completed by the end of 2025

** Up to last close, SOLV down 4.7% since close on March 26, 2024, after spin off from 3M

(Reporting by Puyaan Singh)

((Puyaan.Singh@thomsonreuters.com;))

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