March 3, 2020 / 8:09 AM / a month ago

BRIEF-Thermo Fisher Scientific To Buy Qiagen

March 3 (Reuters) - Thermo Fisher Scientific Inc:

* THERMO FISHER SCIENTIFIC TO ACQUIRE QIAGEN N.V.

* TRANSACTION IS EXPECTED TO BE IMMEDIATELY ACCRETIVE TO THERMO FISHER’S ADJUSTED EPS AFTER CLOSE

* THERMO FISHER EXPECTS TO REALIZE TOTAL SYNERGIES OF $200 MILLION BY YEAR THREE FOLLOWING DEAL CLOSE

* THERMO FISHER SCIENTIFIC - FOR DEAL, CO OBTAINED COMMITTED BRIDGE FINANCING

* THERMO FISHER SCIENTIFIC - FOR DEAL, PERMANENT FUNDING IS EXPECTED TO COME FROM CASH ON HAND AND ISSUANCE OF NEW DEBT

* TRANSACTION IS NOT SUBJECT TO ANY FINANCING CONDITION Source text for Eikon: Further company coverage:

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