Danaher The Lead To Acquire Abcam Prevailing Over Bid From Agilent Technologies
Portfolio Pulse from Benzinga Newsdesk
Danaher Corporation is leading the race to acquire Abcam, outbidding Agilent Technologies, according to Reuters.
August 25, 2023 | 5:54 pm
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POSITIVE IMPACT
Abcam is likely to be acquired by Danaher Corporation, which outbid Agilent Technologies.
Being acquired by Danaher could potentially increase Abcam's market reach and resources, which could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Danaher Corporation is likely to acquire Abcam, which could potentially expand its portfolio and increase its market share.
Acquiring Abcam could potentially expand Danaher's portfolio and increase its market share, which could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Agilent Technologies lost the bid to acquire Abcam to Danaher Corporation.
Losing the bid to acquire Abcam to Danaher could potentially have a negative impact on Agilent's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80