BRIEF-Bruker Announces Share Purchase Agreement to Acquire Molecular Diagnostics Innovator ELITechGroup

Bruker Corp: * BRUKER ANNOUNCES SHARE PURCHASE AGREEMENT TO ACQUIRE MOLECULAR DIAGNOSTICS INNOVATOR ELITECHGROUP

* BRUKER CORP - PROPOSED DEAL FOR EUR 870 MILLION IN CASH * BRUKER CORP: PROPOSED DEAL FOR EUR 870 MILLION

* BRUKER CORP - BRUKER TO ACQUIRE ELITECHGROUP REVENUES OF ABOUT EURO 150 MILLION P.A. WITH >80% CONSUMABLES REVENUE * BRUKER CORP - BRUKER EXPECTS TO CLOSE TRANSACTION IN Q2 OF 2024

* BRUKER CORP - EXPECTS TO FUND ACQUISITION USING CASH ON HAND AND ESTABLISHED DEBT FINANCING * BRUKER CORP - ELITECH EXPECTED TO BE STAND-ALONE BUSINESS WITHIN BRUKER'S MICROBIOLOGY & INFECTION DIAGNOSTICS DIVISION, AS PART OF BRUKER CALID GROUP

* BRUKER CORP - AGREEMENT TO ACQUIRE ELITECHGROUP FOR EUR 870 MILLION IN CASH, EXCLUDING CARVED OUT ELITECH CLINICAL CHEMISTRY BUSINESS Source text for Eikon: Further company coverage: