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DATA GRAPHICS | Deals

PPD’s acquisition history: Data Byte

By Virginia Li, Associate Editor
April 16, 2021 1:14 AM UTC

Thermo Fisher’s $17.4 billion buyout of PPD brings the CRO’s 36-year run to a close. 

On Thursday, Thermo Fisher Scientific Inc. (NYSE:TMO) announced plans to acquire PPD Inc. (NASDAQ:PPD) for $47.50 per share, a 24% premium to its close of $38.36 on Tuesday, before rumors of the deal began to circulate. The deal also includes the assumption of about $3.5 billion of net debt. ...

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Thermo Fisher Scientific Inc.