Merck KGaA
MRK: XETR (DEU)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| #Pf | LOCK|gsNp | LOCK|W>N?gWGB |
Merck KGaA: Acquiring Bio-Techne to Expand its Life Science Portfolio
On June 25, Merck KGaA announced its plan to acquire Bio-Techne in an all-cash deal at USD 73 per share, valuing it at USD 11.3 billion, a 24% premium to Bio-Techne's prior-day closing price. Investors reacted neutrally, with a slightly positive share price reaction.
