# WCAS to acquire Abzena for £34.4 million

Abzena announced it will be acquired by Astro Bidco, a wholly-owned subsidiary of Welsh, Carson, Anderson & Stowe (WCAS), for approximately £34.4 million ($43.7 million). Shareholders will receive 16p per share, a 167% premium over the trading price.

- Type: Acquisition
- Announced: 2018-08-19
- Where: United Kingdom
- Value: $43.7M (34.4M GBP)
- Status: announced
- Products: pharmaceutical services
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Abzena](https://endata.com/companies/28707.md) (target)
- [Welsh Carson Anderson & Stowe](https://endata.com/companies/33815.md) (acquirer)

## Sources

- [distilnfo.com](https://www.distilnfo.com/lifesciences/2018/08/19/abzena-announces-wcas-acquisition/), 2018-08-19: "Abzena rose 142% following news it is to be acquired by Astro Bidco, a wholly-owned subsidiary of Welsh, Carson, Anderson and Stowe."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.