×

Buyout firm EQT to acquire Qiagen for $10.8 billion

By Thomson Reuters Oct 21, 2026 | 4:46 PM

Oct 21 (Reuters) – Molecular testing company Qiagen said ​on ‌Wednesday Swedish buyout firm EQT would acquire it ‌for ​about €9.6 ⁠billion ($10.78 billion).

EQT offered €46.50 ($52.22) ⁠a share for Qiagen, representing an 8.6% ​premium to its last ⁠close.

The ⁠buyout ends years ​of takeover speculation ​surrounding the European ‌diagnostics firm and reflects increasing private-equity ⁠appetite in the sector, where growing demand ⁠for ‌molecular testing ⁠has made ​companies ‌attractive acquisition ​targets.

($1 = 0.8904 ⁠euros)

(Reporting by Ananya Palyekar in Bengaluru; Editing by Diti ​Pujara)