Press release from Davidson Kempner regarding Qiagen

LONDON, Aug. 13, 2020 /PRNewswire/ -- Davidson Kempner is pleased that the majority of investors have rejected the wholly inadequate offer made by Thermo Fisher Scientific. The low acceptance level of 47.02% is a clear signal that there is widespread confidence in the long-term prospects of Qiagen N.V. ("the Company").

As the Company's second largest investor, we are committed to realizing the significant underlying value that we see in the Company. In particular, we will look to:

    --  Improve the quality of engagement between the Company and its investors
        and rebuild trust with all of its stakeholders;
    --  Refocus the strategy towards a high growth business with a disciplined
        capital allocation framework; and
    --  Fully capitalise on the exciting opportunities available to the Company,
        including the tailwinds of the COVID-19 pandemic.

We look forward to presenting our thoughts on all the above topics in the near future.

For media enquiries:
Andrew Honnor, Rob White, Fanni Bodri
Tel.: +44 (0)20 7952 2000

View original content:

SOURCE Davidson Kempner