BioLife Solutions will issue more than 6.6 million shares to acquire Ohio University-affiliated Stirling Ultracold in an all-stock transaction.

Stirling Ultracold, a US-based manufacturer of ultra-low temperature mechanical freezers linked to Ohio University, has agreed to an acquisition by bioproduction products and services supplier BioLife Solutions. BioLife will issue just over 6,64 million shares, implying a price of approximately $25m paid for Stirling at the former’s current stock price of $37.71. The deal is…

The rest of this content is only accessible to University Venturing: News, Data and Events - Global University Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.