Brief: Amplitude Surgical Says PAI Partners In Talks To Buy Majority Stake

Amplitude Surgical SA

31/07/2020 10:43

July 31 (Reuters) - Amplitude Surgical SA  AMPLI.PA :
    * ANNOUNCED ON THURSDAY THAT PAI PARTNERS HAS ENTERED
EXCLUSIVE
TALKS TO BUY A MAJORITY STAKE IN CO
    * PROPOSED TRANSACTION COULD BE COMPLETED IN H2 2020
    * PAI PARTNERS WOULD ACQUIRE FOR A PRICE OF EUR 2.15 PER
SHARE ALL
SHARES DIRECTLY OR INDIRECTLY HELD BY APAX PARTNERS AND CERTAIN
MANAGERS OF CO
    * CEO AND CERTAIN OTHER SENIOR EXECUTIVES WOULD REMAIN
INVOLVED IN
AMPLITUDE SURGICAL DEVELOPMENT PROJECT
    * TRANSACTION FAVORABLY WELCOMED BY THE CO'S BOARD OF
DIRECTORS  

    
 Source text for Eikon:  ID:nBw3j1FHSa 
    
 Further company coverage:  AMPLI.PA  
   


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