Qiagen considers multiple interested suitors

2019 11 15 22 54 6305 Business Hands 400

Qiagen announced that it is considering its options after receiving "several conditional, [nonbinding] indications of interest" for its acquisition.

The company said in a statement on November 15 that it is starting discussions with interested parties, with the goal of exploring strategic alternatives that could provide greater value-creation opportunities than are possible as a standalone company.

According to a Bloomberg report, Thermo Fisher Scientific approached Qiagen about a deal, sending Qiagen stock soaring on November 15 to reflect a valuation of $8.3 billion. Thermo Fisher was not immediately available for comment.

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