Brief: Sygnis buys C.B.S. Scientific for us $0.9 mln
21/12/2016 10:59
Dec 21 (Reuters) - Sygnis AG LIO1k.DE :
* Acquires profitable life sciences tools company C.B.S. Scientific for $0.9 million in cash
and shares
* Will pay a total consideration of $900,000 of which $540,000 is in cash, funded from
existing cash balances and $360,000 in form of 275,311 new shares in Sygnis to be issued from
authorized capital
* Strong sales synergies and significant potential for future revenue growth
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Further company coverage: LIO1k.DE
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