Siemens completes tender offer for Dade Behring

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Siemens has reported that it intends to accept all validly tendered shares of Dade Behring, a Deerfield, Ill.-based laboratory diagnostics company.

The depositary for the tender offer advised Siemens that as of the offer’s expiration on Oct. 31, an aggregate of approximately 72,989,428 shares of common stock of Dade Behring had been validly tendered and not withdrawn which, together with about 2,663,344 shares to be tendered under guaranteed delivery procedures. This amount represents approximately 94 percent of the outstanding common stock of Dade Behring.

Siemens expects to close the transaction on or about Nov. 6.