Health

23andMe CEO Anne Wojcicki Offers to Take Struggling Company Private

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Kristen V Brown

July 31, 2024 at 10:04 PM UTC

This article is for subscribers only.

23andMe Holding Co. Chief Executive Officer Anne Wojcicki has offered to take the struggling DNA-testing company private.

Wojcicki on July 29 proposed buying the outstanding shares of 23andMe for 40 cents each in cash, according to a filing on Wednesday. That’s in line with the stock’s last closing price. 23andMe has a market value of about $200 million.