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Abbott wins EU approval for Alere buyout, agrees to sell testing units

By Andrew Boyce ( January 25, 2017, 15:15 GMT | Insight) -- Abbott Laboratories today secured EU clearance to buy diagnostic test maker Alere, after agreeing to sell three testing businesses. The asset sale ensures that doctors and patients will "continue to benefit from choice and competitive prices . . . for small and portable test analyzers," the European Commission said in a news release announcing the conditional approval.Abbott Laboratories today secured EU clearance to buy diagnostic test maker Alere, after agreeing to sell three testing businesses....

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