Thermo Fisher Scientific Inc (NYSE:TMO) is in advanced negotiations to acquire Clario in an all-cash transaction, which could value the clinical trial data management company at approximately $10B. According to sources cited by the Financial Times, the deal may soon be announced. Details surrounding the timing or method of this potential acquisition remain unclear.
#Investor Takeaway
This acquisition proposal indicates significant movement within the clinical trial data management sector.
#Market Impact
Should the acquisition proceed, it may enhance Thermo Fisher's capabilities in clinical research, potentially influencing its competitive positioning. Investors should monitor share performance in response to this news.
#What's Next
Investors should watch for an official announcement regarding the acquisition and any subsequent financial disclosures from Thermo Fisher.