Merck Seals Deal to Acquire Bio-Techne for $11.3 Billion
Bio-Techne Corporation (NASDAQ: TECH) reported its financial results for the fourth quarter ending June 30, 2026. The company's protein sciences segment saw a 2% increase in net sales to $231.2 million, while the diagnostics and spatial biology segment remained flat at $90.1 million.
The acquisition of Bio-Techne by Merck KGaA, Darmstadt, Germany is moving forward with an agreement announced on June 25, 2026 for $73 per share in cash, representing a total enterprise value of approximately $11.3 billion.