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AMPLI Amplitude Surgical SA News Story

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Brief: Zydus Lifesciences agrees with PAI Partners to buy majority stake in Amplitude Surgical

April 25 (Reuters) - Amplitude Surgical SA AMPLI.PA/ZYDUS LIFESCIENCES:

ZYDUS LIFESCIENCES LIMITED SIGNS PURCHASE AGREEMENT WITH PAI PARTNERS AND OTHER SHAREHOLDERS TO ACQUIRE A MAJORITY STAKE IN AMPLITUDE SURGICAL SA

Zydus has signed the share purchase agreement to acquire 75.4% of the share capital of Amplitude1 at a price of €6.25 per Amplitude share from PAI Partners, Olivier Jallabert and other managers of Amplitude

SUBJECT TO FULFILMENT OF CLOSING CONDITIONS, ZYDUS WILL ACQUIRE 85.6% OF SHARE CAPITAL OF AMPLITUDE.

Source text: ID:nBw8Q0mba

Further company coverage: AMPLI.PA

 (Reporting by Sudip Kar-Gupta)

 ((sudip.kargupta@thomsonreuters.com;))

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