The following corporate finance-related stories were reported by media over the weekend and on Monday: * Trader Glencore International Plc is expected to agree to concessions this week to ease Chinese worries over its grip on the supply of copper, clearing the final regulatory hurdle in its $32 billion acquisition of miner Xstrata Plc , analysts and industry sources said.* Thermo Fisher Scientific Inc is nearing a deal to purchase genetic testing equipment maker Life Technologies Corp for close to $13 billion, according to four people familiar with the matter, in what would be one of the year's biggest corporate takeovers.
Life Technologies Corporation (Life Technologies) is a global life sciences company. Shares of LIFE traded higher by 1.78% or $1.19/share to $68.00. In the past year, the shares have traded as low as $39.73 and as high as $68.23. On average, 2114890 shares of LIFE exchange hands on a given day and today's volume is recorded at 3250118.
Thermo Fisher Scientific Inc. (Thermo Fisher) is engaged in serving science. Shares of TMO fell by 0.4% or $-0.32/share to $79.59. In the past year, the shares have traded as low as $48.14 and as high as $81.96. On average, 2159000 shares of TMO exchange hands on a given day and today's volume is recorded at 2326877.
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