5912 Venlo, nl
Solveigh Karola Mähler
+49 (2103) 29-11710
QIAGEN Announces Exercise In Full of Over-Allotment Option by Underwriters in Offering of New Common Shares
The exercise of the over-allotment option brings the total number of common shares to be sold by QIAGEN in the Offering to 31,625,000. Gross proceeds of the Offering (including the Additional Shares) are expected to be approximately US$ 640 million (EUR 437 million).
The Company plans to use the net proceeds of the Offering to fund the acquisition of DxS Ltd. announced on September 22, 2009 and potential future acquisitions, to strengthen its balance sheet and for general corporate purposes.
Deutsche Bank, Goldman Sachs International and J.P. Morgan acted as Joint Global Coordinators and Joint Bookrunners of the Offering.
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