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DewDiligence

03/03/20 9:11 AM

#228903 RE: lgonber #228901

TMO acquires QGEN for €39/sh in cash—a 23% premium to yesterday’s close:

http://thermofisher.mediaroom.com/2020-03-03-Thermo-Fisher-Scientific-to-Acquire-QIAGEN-N-V,1

The nominal deal value is $11.5B, including assumption of debt.

TMO seems willing to acquire almost any company in the life-sciences industry. It may be a bit too much like Valeant and Tyco for my taste. (No position.)