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Qiagen shares jump on renewed takeover speculation

Published 20/01/2020, 08:27
© Reuters.  Qiagen shares jump on renewed takeover speculation
QIA
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BERLIN (Reuters) - Shares in genetic testing company Qiagen (DE:QIA) rose 3.6% on Monday after a report that the firm was talking to an interested party about a possible acquisition.

On Friday, the CTFN website cited an unnamed industry executive as saying Qiagen was in talks about a possible takeover.

A Qiagen spokesman declined to comment on the report.

In December, shares in Qiagen plunged after the company said it had decided against a sale as it saw continuing to be a stand-alone business as the best option, terminating all discussions and saying they were not compelling.

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