This site is intended for healthcare professionals

Thermo Fisher acquires Qiagen N.V.,a provider of molecular diagnostics.

Read time: 1 mins
Published:5th Mar 2020
Thermo Fisher Scientific Inc. and Qiagen N.V. a leading global provider of molecular diagnostics and sample preparation technologies, announced that their boards of directors, as well as the managing board of Qiagen N.V., have unanimously approved Thermo Fisher's proposal to acquire Qiagen for €39 per share in cash. The offer price represents a premium of approximately 23% to the closing price of Qiagen's common stock on the Frankfurt Prime Standard on March 2, 2020, the last trading day prior to the announcement of the transaction. Thermo Fisher will commence a tender offer to acquire all of the ordinary shares of Qiagen. The transaction values Qiagen at approximately $11.5 billion at current exchange rates, which includes the assumption of approximately $1.4 billion of net debt.
Type: industry

Learning Zones

The Learning Zones are an educational resource for healthcare professionals that provide medical information on the epidemiology, pathophysiology and burden of disease, as well as diagnostic techniques and treatment regimens.