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Fly News Breaks for March 24, 2016
KKR, TMO
Mar 24, 2016 | 07:54 EDT
After Reuters indicated that KKR (KKR) is preparing to put Capsugel up for sale, Wells Fargo thinks that Thermo Fisher (TMO) could buy Capsugel. The firm estimates that the deal could be about 5% accretive for Thermo Fisher in the third year after the acquisition. It keeps an Outperform rating on the stock.