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LMNX - Luminex News Story

$36.58 -0.0  -0.1%

Last Trade - 18/05/21

Sector
Healthcare
Size
Mid Cap
Market Cap £1.23bn
Enterprise Value £1.21bn
Revenue £309.7m
Position in Universe 2347th / 6846

BUZZ-Luminex Corp: Rises on $1.8 bln buyout offer

Mon 12th April, 2021 11:19am
** Diagnostic test maker's shares  LMNX.O  up 9.4% at $36.06
premarket after Italian diagnostics group DiaSorin  DIAS.MI 
says it will buy co for $1.8 bln in cash  
    ** LMNX is trading close to deal price of $37 per share,
which represents a 12.3% premium to Friday's closing price
 urn:newsml:reuters.com:*:nL8N2M51F1
    ** Deal helps expand DiaSorin's presence in the U.S. and
strengthen its position in molecular diagnostics
    ** DiaSorin's Italy-listed shares are up ~9%  urn:newsml:reuters.com:*:nL8N2M51F6
    ** LMNX shares have risen 42.5% YTD 

 (Reporting by Manas Mishra in Bengaluru)
 ((Manas.Mishra@thomsonreuters.com;
www.twitter.com/Manasmishra24))
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