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olink(Nasdaq: OLK) rose 2.8% After obtaining German antitrust approval for its planned sale to Thermo Fisher (New York Stock Exchange: TMO).
The German Federal Cartel Office approved the deal on Monday, according to A to publish On the website of the German Antimonopoly Authority.
The approval comes after the approval of Germany The antitrust watchdog has moved its review of the $3.1 billion sale to Thermo Fisher (You died) IPhase 2 review in February.
The UK Competition and Markets Authority began its first-stage review of the merger last month. The deadline for making a decision is July 8. The CMA first revealed in February that the agency was evaluating Olink/Thermo.
Thermo Fisher (TMO) agreed in October to acquire Sweden-based Olink (OLK) for $26 per share.
