LabCorp Spends $1.2 Billion to Acquire UK’s Chiltern

IT IS THE NEXT STEP to continue diversifying its business away from clinical laboratory testing. On July 31, Laboratory Corporation of America announced that it would acquire Chiltern, a specialty contract research organization in London and Wilmington, N.C. LabCorp valued the all-cash transaction at about $1.2 billion and said it would fund the deal with …

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LabCorp Spends $1.2 Billion to Acquire UK’s Chiltern

LabCorp will pair Chiltern with Covance, another contract research organization it acquired in 2015

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