Brief: Sygnis plans to acquire Expedeon Holdings Ltd

2Invest AG

09/05/2016 07:46

May 9 (Reuters) - Sygnis AG  LIO1k.DE : 
    * Plans to acquire profitable proteomics player Expedeon 
Holdings Ltd 
    * Combined 2016 pro-forma revenues to exceed 5 million euros 
($5.7 million) 
    * Planned capital increase by way of a rights offering of up 
to 20.5 million shares 
    * Expected proceeds of up to 5 million euros to cover 
additional cash payment to expedeon shareholders and 
transaction-related expenses 
    * New shares not subscribed will be offered to expedeon 
shareholders as contribution in kind in exchange for expedeon 
shares 
 
Source text: http://bit.ly/1WjJZo0 
Further company coverage:  LIO1k.DE  
 
($1 = 0.8769 euros) 
 
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