Olink's (OLK) Acquisition by Thermo Fisher Gets UK CMA Nod

On Oct 17, 2023,Thermo Fisher announced its plans to acquire Olink. The deal, valued at approximately $3.1 billion or 26 per share, represented a 74% premium over Olink's closing price of $14.98 on Oct 16, 2023. Per Olink, CMA's unconditional approval marks a pivotal step in the acquisition process, signaling regulatory confidence in the merger's compliance with competition laws. This clearance paves the way for Thermo Fisher to expand its portfolio, enhancing its capabilities in the proteomics and genomics ...