Life Technologies (LIFE +1.5%) ticks higher after announcing earlier that it's acquired BAC BV,...

|By:, SA News Editor

Life Technologies (LIFE +1.5%) ticks higher after announcing earlier that it's acquired BAC BV, a privately held company based in the Netherlands which focuses on the discovery, development and manufacture of protein purification products. Financial terms of the deal were not disclosed. The deal is expected to be neutral to overall ROIC three years after close.