Deals·October 21, 2026 at 4:58 AM EDT·4 sources
EQT Nears €9.6 Billion Deal for Molecular Testing Firm Qiagen
QGEN +0.3%
QGEN · last 30 trading days+3.0% since the news
News
acquisition, log scale$9.6B
$100M$1B$10B$100B
EV / EBITDA14.6x
0x30x
What happened
- EQT has agreed to acquire molecular testing company Qiagen in a European healthcare take-private transaction.
- Reported deal values differ: Bloomberg and Private Equity Wire cite €9.6 billion, while MedTech Dive cites about $12.1 billion including debt.
- KKR also submitted a bid during the reported negotiations, according to Private Equity Wire.
Reported headline value
€9.6 billion
Bloomberg dollar equivalent
$10.8 billion
MedTech Dive value including debt
about $12.1 billion
Reported EQT offer
exceeding $50 per share
Why it matters
The transaction would rank among Europe’s largest healthcare buyouts this year and is relevant to sponsors, M&A professionals and healthcare investors assessing take-private valuations and financing structures.
Deal terms
acquisition
EQT → Qiagen
Value
$9.6B
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Timeline
- First reported by Private Equity WireOct 21EQT in advanced talks to acquire Qiagen for over $10bn
- Bloomberg reportsOct 21EQT Nears €9.6 Billion Deal for Molecular Testing Firm Qiagen
- Financial Times reportsOct 21Buyout firm EQT acquires German diagnostics group in €10.8bn deal
- MedTech Dive reportsOct 23Qiagen agrees to private equity takeover
Who is involved
acquiringEQT Nears €9.6 Billion Deal for Molecular Testing Firm QiagenQiagenQGEN · targetEQTbuyerKKR
CompanyInvestorThe deal
Sources (4)
- Private Equity WireOct 21EQT in advanced talks to acquire Qiagen for over $10bn
- BloombergOct 21EQT Nears €9.6 Billion Deal for Molecular Testing Firm Qiagen
- Financial TimesOct 21Buyout firm EQT acquires German diagnostics group in €10.8bn deal
- MedTech DiveOct 23Qiagen agrees to private equity takeover
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