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New Deal


Announced

Completed

Roche completed the acquisition of an 83% stake in GenMark for $1.8bn.

Financials

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Transaction Value£1,292m
Consideration TypeCash
Capital Owned17%
Capital Bid For83%
EV/Sales10x
EV/EBITDA-
Share Price Premium43%
One Off Charge-

Tags

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Completed

Friendly

Acquisition

multiplex molecular diagnostics

United States

Public

Medical Services

Tender Offer

Majority

Single Bidder

Cross Border

Synopsis

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Roche, a pharmaceuticals and diagnostics company, completed the acquisition of an 83% stake in GenMark, a provider of multiplex molecular diagnostic solutions, for $1.8bn. “The addition of GenMark Diagnostics’ proprietary multiplex technology, which is designed to detect multiple pathogens from a single patient sample, will broaden our best-in-class molecular diagnostics portfolio to help make lifesaving information available to healthcare providers quickly to improve patient outcomes," Thomas Schinecker, Roche Diagnostics CEO.

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