Loading...

Advertisement

Abcam To Initiate Process To Explore Strategic Alternatives, Including Potential Sale

RTTNews | 753 days ago

Abcam To Initiate Process To Explore Strategic Alternatives, Including Potential Sale

(RTTNews) - Abcam plc (ABCM), a supplier of life science research tools, announced Friday that its Board of Directors has unanimously decided to initiate a process to explore strategic alternatives for the Company after having listened to and extensively engaging with shareholders.

The comprehensive process will begin immediately and will evaluate a broad range of options to maximize shareholder value, including a potential sale of the Company. The company said the Board is fully aligned in its belief that the best way to maximize value for shareholders is to comprehensively review the Company's strategic alternatives, including a potential sale of Abcam. The Board of Directors has retained Lazard and Morgan Stanley as financial advisors to assist in its review of strategic alternatives. Latham & Watkins has been appointed as legal advisor in connection with the review process.

Tags: ABCM

read more

Danaher To Acquire Abcam In About $5.7 Bln All-cash Deal

Danaher To Acquire Abcam In About $5.7 Bln All-cash Deal

Science and technology innovator Danaher Corp. (DHR) announced Monday that it has entered into a definitive agreement to acquire Cambridge, UK-based Abcam plc (ABCM), a supplier of protein consumables, pursuant to which Danaher will acquire all of the outstanding shares of Abcam for $24.00 per share in cash, or a total enterprise value of approximately $5.7 billion, including assumed indebtedness and net of acquired cash.

RTTNews | 687 days ago

U.S. Consumer Prices Rise In Line With Estimates In June

U.S. Consumer Prices Rise In Line With Estimates In June

The Labor Department released a report on Tuesday showing consumer prices in the U.S. increased in line with economist estimates in the month of June.

RTTNews | 9 minutes ago

FTSE 100 Moving In Tight Range

FTSE 100 Moving In Tight Range

The U.K. market is trading flat on Tuesday with investors making stock specific moves in cautious trade, while continuing to focus on the developments on the trade front.

RTTNews | 53 minutes ago

CAC 40 Flat In Lackluster Trade

CAC 40 Flat In Lackluster Trade

French stocks are moving in a tight range on Tuesday as investors continue to closely follow the developments on the tariff front after U.S. President Donald Trump's threat that he would impose a 30% tariff on EU imports from August 1. China's economic growth data, and reports on German consumer sentiment and eurozone industrial production are aiding sentiment.

RTTNews | 1h 20min ago

DAX Up Marginally After Paring Some Early Gains

DAX Up Marginally After Paring Some Early Gains

After a fairly good upmove earlier in the session, German stocks pared some gains on Tuesday with investors largely making cautious moves while assessing ongoing trade negotiations between the U.S. and EU, and reacting to the latest set of economic data from the region.

RTTNews | 1h 40min ago

Sensex Rises Over 300 Points; Nifty Nears 25,200

Sensex Rises Over 300 Points; Nifty Nears 25,200

Indian shares eked out modest gains on Tuesday as traders brushed off U.S. President Donald Trump's tariff threats and reacted positively to Chinese GDP data for the first half of 2025.

RTTNews | 2h 22min ago

Yen Slides Amid Risk-on Mood

Yen Slides Amid Risk-on Mood

The Japanese yen weakened against other major currencies in the European session on Tuesday, as European stocks traded higher despite lingering concerns about U.S. President Donald Trump's tariff plans and aggressive negotiation tactics.

RTTNews | 2h 24min ago

German Economic Sentiment Strengthens In July

German Economic Sentiment Strengthens In July

German economic sentiment improved more than expected in July on hopes of a quick resolution to the US-EU tariff dispute and potential stimulus from the federal government, a monthly survey conducted by the think tank ZEW showed on Tuesday.

RTTNews | 2h 54min ago

Terms | Privacy | Site Map | Site Map Calendar

© 2025 Myfxbook Ltd. All Rights Reserved.

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.