6 Firms Drive Thermo Fisher's $11.5B Deal For Qiagen
Law360 (March 3, 2020, 9:18 AM EST) -- Thermo Fisher Scientific has agreed to snap up German genetic testing company Qiagen for roughly $11.5 billion, the companies said Tuesday, in a deal put together with help from Wachtell Lipton, De Brauw Blackstone, Linklaters, Mintz Levin, Axinn Veltrop & Harkrider LLP and Freshfields.
The transaction, rumored since November, sees a major microscope supplier in Waltham, Massachusetts-based Thermo Fisher Scientific Inc. picking up a genetic testing company in Qiagen that boasts over 35 global locations across more than 25 countries and had revenue of $1.53 billion last year, according to a statement. The deal values Qiagen NC at $11.5 billion, including about...
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