As per the terms, TMO will acquire OLK for $26.00 per common share in cash, representing $26.00 per American Depositary Share (ADS) in cash. 

Both the companies' board of directors approved the transaction, which represents a premium of around 74% to the closing price of OLK's American Depositary Shares as on October 16, 2023, the last trading day prior to the announcement of the transaction. 

The transaction is expected to be complete by mid-2024, subject to customary closing conditions and completion of the tender offer. 

OLK projects to deliver revenues of $200 million in 2024 and is expected to grow mid-teens organically. 

In the first full year of ownership, the acquisition deal is anticipated to be dilutive to adjusted EPS by $0.17. Excluding financing costs and non-cash deal-related equity compensation costs, the transaction is expected to be accretive to EPS by $0.10 during that period. 

Price Action: OLK shares are up 65.72% at $24.83 on the last check Tuesday.