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Qiagen Shares Jump as Thermo Fisher Is Said to Weigh Acquisition – Bloomberg

By November 18, 2019News
Handshake Hand Give Free photo on Pixabay

Handshake Hand Give Free photo on Pixabay

Qiagen NV shares jumped the most in 17 years after people with knowledge of the matter said Thermo Fisher Scientific Inc. is considering a takeover of the molecular testing firm.

Thermo Fisher has approached the Dutch company about a potential purchase that could become one of its biggest-ever acquisitions, the people said, asking not to be identified because the information is private. Shares of Qiagen rose 13% to 33.20 euros at 1:10 p.m. in Frankfurt, giving it a market value of $8.3 billion.

 

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