Brief: AddLife Acquires Euroclone S.P.A. In Italy

AddLife AB

28/11/2019 13:52

Nov 28 (Reuters) - AddLife AB  ALIFb.ST :
    * ADDLIFE ACQUIRES EUROCLONE S.P.A.
    * SIGNED AN AGREEMENT TO ACQUIRE ALL SHARES IN ITALIAN COMPANY EUROCLONE S.P.A.
    * DEAL WILL CLOSE IN JANUARY 2020
    * ACQUISITION IS EXPECTED TO HAVE A MARGINALLY POSITIVE EFFECT ON ADDLIFE'S EARNINGS PER
SHARE IN
2020 FINANCIAL YEAR
    * ACQUIRES EUROCLONE, ITALIAN SUPPLIER OF INSTRUMENTS AND CONSUMABLES WITHIN CELL AND
MOLECULAR
BIOLOGY WITH SALES OF EUR 27 MILLION

Source text for Eikon:  ID:nWkr6QXxMK 
Further company coverage:  ALIFb.ST 

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