EQT agrees €9.6bn takeover of Qiagen
Wednesday, October 21, 2026 · first reported by Private Equity Wire and 5 others
EQT is in advanced talks to buy Qiagen in a deal that would value the molecular testing company at more than $10bn, Bloomberg reported, as relayed by Private Equity Wire. The Swedish manager is said to have made a binding offer above $50 per share. KKR has also put in a bid. Qiagen's board is expected to meet this week to weigh a transaction. Qiagen's US-listed shares rose as much as 9.2% on the report, putting its value near $10.2bn. Talks continue, and no deal is certain.
- Firm
- EQT
- Also named
- Abu Dhabi Investment Authority, Canada Pension Plan Investment Board
- Deal value
- $10.6B
- Asset class
- Private equity
- Geography
- Europe
Advisers Linklaters (legal counsel), Davis Polk & Wardwell (legal counsel), Milbank (legal counsel)
In the directory
- Davis Polk & Wardwell · Legal counsel · fund lawyers at the firm
- Milbank · Legal counsel · fund lawyers at the firm
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
Coverage
6 sources- Private Equity WireEQT agrees €9.6bn takeover of Qiagen
- Alternatives WatchEQT’s €10.8bn Qiagen take-private follows COVID-era bid derailed by Davidson Kempner
- Business WireQIAGEN and EQT Private Equity announce agreement on a recommended voluntary all-cash public takeover offer
- HedgeCoEQT Agreed to Take QIAGEN Private at €46.50 a Share, Valuing It at About €10.8 Billion
- Global Legal PostRaft of firms guide Qiagen's $10.8bn take-private acquisition by Sweden's EQT
- Law3607 Firms Advise EQT, Qiagen On $12.1B Take-Private Deal
More on EQT
Everything on this firm →- Rexford Sells $1.3B in SoCal Industrial Assets as Leasing ReboundsCommercial Observer
- Latham Steers 42% Valencia CF Stake Sale To KKR FoundersLaw360
- Deutsche Boerse’s $6 Billion Allfunds Deal Faces EU Decision by Nov. 27pymnts.com
- CVC explores Verisure take-private one year after €13.7bn IPOPrivate Equity Wire +1
- Permira exits Octus in $3.5bn LSEG acquisitionPrivate Equity Wire
- Stonepeak buys Chicago Parking Meters from consortiumIREI +2