Eurofins Makes Friendly Bid to Acquire GeneScan, a Microarray Analysis Provider

Feb 28, 2003

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Eurofins, a Nantes, France-based bioanalytical services provider, last week made a friendly takeover bid for rival GeneScan Europe of Freiburg, Germany.

Citing rules on mergers and acquisitions, the company declined comment on particulars of the deal. However, it has issued a press release for Europe, obtained by BioArray News, that details a potential transaction valued at $8.7 million.

The takeover bid also points to a widening of the marketplace for microarray analysis.

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