Brief: Expedeon And Abcam Close Transaction Of EUR 120 Mln

2Invest AG

02/01/2020 06:33

Jan 2 (Reuters) - EXPEDEON AG  EXNGn.DE :
    * EXPEDEON AG AND ABCAM PLC CLOSE EUR 120 MILLION
TRANSACTION
    * EXPEDEON AG PLANS NAME CHANGE TO 4BASEBIO AG AND CHANGE OF
TICKER TO 4BSB
    * EUR 105.6 MILLION IS DUE IMMEDIATELY AND EUR 14.4 MILLION
WILL
BE HELD IN ESCROW FOR TWO YEARS
    * COMPANY'S SHARES WILL CONTINUE TO BE LISTED ON FRANKFURT
STOCK
EXCHANGE AND GERMAN SECURITIES IDENTIFICATION CODE (WKN) WILL
REMAIN UNCHANGED

Source text for Eikon:  ID:nEQ9zfKt9a 
Further company coverage:  EXNGn.DE 

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