Olink rises on Thermo Fisher's $3.1 bln deal offer

Olink Holding AB (publ)

17/10/2023 14:11

** U.S.-listed shares of Sweden-based provider of protein
analysis products Olink Holding AB  OLK.O  up 67.6% at $25.11
premarket 
    ** Medical equipment maker Thermo Fisher Scientific  TMO.N 
announces $3.1 billion deal to buy Olink 
    ** TMO falls 1.34% to $482 premarket
    ** In the first full year, deal is expected to be dilutive
to Thermo Fisher's adj. EPS by $0.17
    ** Up to Monday's close, Thermo Fisher's stock had fallen
11.2% YTD 

 (Reporting by Juby Babu in Bengaluru)
 ((Juby.Babu@thomsonreuters.com;))