Thermo Fisher Sci­en­tific ditches bid for Qi­a­gen

The Daily Telegraph - Business - - Business -

Thermo Fisher Sci­en­tific has ended its $12bn (£9bn) agree­ment to pur­chase med­i­cal test­ing equip­ment maker Qi­a­gen af­ter its ten­der of­fer fell short, with ac­tivist in­vestor David­son Kemp­ner Cap­i­tal Man­age­ment lead­ing op­po­si­tion to one of the big­gest deals in the health sec­tor this year. Qi­a­gen will pay Thermo a re­im­burse­ment of $95m.

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