Merck KGaA has agreed to acquire Bio-Techne for approximately $11.3 billion in cash, a deal that represents a 36% premium over Bio-Techne's 30-day volume-weighted average price. This acquisition aims to bolster Merck's life science business by integrating Bio-Techne's expertise in life science tools and analytical technologies. The transaction is expected to be funded through a combination of existing cash and new debt. AI
RANK_REASON Acquisition of a major life science tools company by a large multinational corporation. [lever_c_demoted from significant: ic=1 ai=0.0]
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