Quidel Corporation and Ortho Clinical Diagnostics Combine to Form QuidelOrtho

May 27, 2022

Quidel Corporation completed its transaction with Ortho Clinical Diagnostics Holdings plc to create QuidelOrtho Corporation, a combined in vitro diagnostics company that will trade under the ticker QDEL. The new company is headquartered in San Diego, generated more than $3.5 billion in combined 2021 revenues, and has approximately 6,000 employees; former Ortho shareholders received $7.14 in cash plus 0.1055 shares of QuidelOrtho per Ortho share.

Buyers
Quidel Corporation
Targets
Ortho Clinical Diagnostics Holdings plc
Sellers
Former Ortho Clinical Diagnostics shareholders
Industry
Medical Devices
Location
New Jersey, United States
Transaction Type
Buyout

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