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Recent Updates — TECH

September 14, 2026View Source ↗

Bio-Techne filed a supplemental disclosure regarding its proposed merger with Merck KGaA to address litigation alleging the Proxy Statement misrepresented or omitted material information. A shareholder lawsuit seeks to enjoin the special meeting scheduled for September 23, 2026. The filing updates financial data used by Goldman Sachs in its fairness opinion, citing approximately $421 million in LTM Adjusted EBITDA (Core) as of March 31, 2026, and total debt of approximately $200 million. Bio-Techne operates in the life sciences research tools industry.

August 12, 2026View Source ↗

Bio-Techne Corporation reported fourth quarter fiscal 2026 results ending June 30, 2026. Net sales increased 1% to $321.2 million, with organic revenue up 3%. GAAP diluted EPS rose to $0.35 from a loss of $(0.11) in the prior year period, while adjusted diluted EPS was $0.52. Full-year net sales remained flat at $1.2 billion, and full-year GAAP diluted EPS increased to $1.16 from $0.46. The company reiterated its agreement to be acquired by Merck KGaA for $73 per share in cash, representing a total enterprise value of approximately $11.3 billion. Bio-Techne also announced a quarterly cash dividend of $0.08 per share, payable September 4, 2026, to shareholders of record on August 24, 2026. The company operates in the life sciences industry, providing reagents, analytical instruments, and precision diagnostics.

June 25, 2026View Source ↗

Bio-Techne Corporation entered into a merger agreement with Merck KGaA, Darmstadt, Germany, to be acquired for $73.00 per share in cash. The transaction is subject to shareholder approval and customary closing conditions. Bio-Techne Corporation is a life sciences company that provides tools and reagents for research and clinical diagnostics.

June 25, 2026View Source ↗

Bio-Techne Corporation and Merck KGaA, Darmstadt, Germany, have executed an Agreement and Plan of Merger, announcing a proposed acquisition of Bio-Techne by Merck KGaA. The transaction is subject to shareholder approval and several conditions. Bio-Techne is a life sciences tools and reagents company providing biological and biological-related products for research and clinical diagnostics.