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New Deal


Announced

Labcorp to acquire select assets of Invitae for $239m.

Financials

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Transaction Value£191m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Pending

Private

Medical Services

Friendly

Majority

medical genetics

Single Bidder

Acquisition

Domestic

Synopsis

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Labcorp, an innovative and comprehensive laboratory services, agreed to acquire select assets of Invitae, a medical genetics company, for $239m. "The agreement with Labcorp marks a significant step in our financial restructuring and supports our efforts to continue to deliver innovative and industry leading products and services for healthcare," Ken Knight, Invitae President and CEO.

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