POTENTIAL DEAL DETAILS
|Date of Confirmation:||03/03/2020||Price at Confirmation:||$36.12|
|Potential Profit:||1.89%||Annualized Profit:||6.21%|
Thermo Fisher Scientific Inc. (TMO), the maker of diagnostic equipment, is considering a purchase of molecular testing firm Qiagen NV (QGEN) in what could become one of its biggest-ever acquisitions, people with knowledge of the matter said.
December 11, 2019: German health technology company Siemens Healthineers is not interested in a takeover of Qiagen (QGEN), the genetic testing company which last month said it would start talks with several potential suitors.
March 03, 2020: Thermo Fisher Scientific Inc. (TMO), the world leader in serving science, and QIAGEN N.V. (QGEN), a leading global provider of molecular diagnostics and sample preparation technologies, today announced that their boards of directors, as well as the managing board of QIAGEN N.V. (QGEN), have unanimously approved Thermo Fisher’s proposal to acquire QIAGEN for €39 per share in cash.
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