PerkinElmer to Acquire BioLegend for $5.25B

Shots:

  • PerkinElmer to acquire BioLegend for ~$5.25B in cash and stock transaction. The acquisition is expected to close by the end of 2021
  • The acquisition will allow PerkinElmer to build its growth in areas such as clinical diagnostics and food safety testing
  • With the acquisition, BioLegend’s San Diego, California-based campus will become the global center for the development of chemical reagents used in medical research for the combined company

Click here ­to­ read the full press release/ article | Ref: PRNewswire | Image: BioLegend

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