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

Solventum

25/02/2025 14:06

** 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;))