Qiagen Shares Surge on Report Thermo Fisher Mulling Deal
November 14 2019 - 10:04AM
Dow Jones News
By Colin Kellaher
Shares of Qiagen jumped in Europe and the U.S. on Thursday amid
reports Thermo Fisher Scientific Inc. (TMO) is considering a
takeover of the molecular-testing firm.
Bloomberg, citing people familiar with the matter, on Wednesday
reported that Thermo Fisher had approached the Dutch company about
a potential deal, but that there was no certainty the deliberations
would lead to a transaction.
Qiagen's German-listed shares jumped 13.2% Thursday to EUR33.35,
while the company's U.S.-listed shares rose 4% to $36.86 in early
trading Thursday after gaining 9.9% late Wednesday.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
November 14, 2019 09:49 ET (14:49 GMT)
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