09:01 AM EDT, 07/10/2024 (MT Newswires) -- Thermo Fisher Scientific ( TMO ) said Wednesday that it has completed the acquisition of Olink Holding ( OLK ) for about $3.1 billion.

Olink ( OLK ) will become part of Thermo Fisher's Life Sciences Solutions segment.

Thermo Fisher said it accepted about 98.2% of Olink's ( OLK ) outstanding shares and ADSs tendered in its initial offering period, totaling about 84.76 million shares and 37.68 million ADSs.

A subsequent offering period, expiring on July 16, has been initiated during which the remaining shares may be tendered under the same terms, the company said

Price: 521.00, Change: -10.86, Percent Change: -2.04