Bio-Techne agrees to be acquired by Merck KGaA
The purchase price is $73 per share in cash, with an enterprise value of $11.3 billion, and the deal is expected to close by early 2027.
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Developer and manufacturer of life-science reagents and instruments
bio-techne.comLast updated
In short: Bio-Techne agreed to be acquired by Merck KGaA for $11.3 billion, representing a significant expansion of Merck's life-science business.
The purchase price is $73 per share in cash, with an enterprise value of $11.3 billion, and the deal is expected to close by early 2027.
The workflow combines icIEF fractionation with mass photometry to directly correlate charge and size variants in a four-hour process.
The new self-labelling technology overcomes limitations in tracking smaller and disease-causing proteins for therapeutic research.
Revenue declines 2% to $311.4M. GAAP EPS rises to $0.32. Adjusted EPS falls to $0.53. Growth in large pharma and spatial biology.
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