March 3, 2020 / 7:23 AM / a month ago

Thermo Fisher launches $12 billion bid for Qiagen

FRANKFURT, March 3 (Reuters) - Instruments maker Thermo Fisher has launched a 10.4 billion euro ($11.59 billion) bid for genetic testing company Qiagen NV , Qiagen said on Tuesday.

The offer price represents a 23% premium to Qiagen’s closing price on March 2, the company said. ($1 = 0.8977 euros) (Reporting by Christoph Steitz Editing by Michelle Martin)

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