Brief: Biosynex And Chembio Diagnostics Announce Definitive Acquisition Agreement

Biosynex SA

31/01/2023 23:20

Jan 31 (Reuters) - Biosynex SA  ALBIO.PA :
    * BIOSYNEX AND CHEMBIO DIAGNOSTICS ANNOUNCE DEFINITIVE
ACQUISITION
AGREEMENT
    * CHEMBIO DIAGNOSTICS INC - CONSOLIDATED MANUFACTURING,
SALES,
MARKETING, OPERATIONS TO PROVIDE SYNERGISTIC COST SAVINGS
    * CHEMBIO DIAGNOSTICS - COS HAVE ENTERED INTO DEFINITIVE
MERGER
AGREEMENT UNDER WHICH BIOSYNEX, THROUGH A UNIT, WILL ACQUIRE
CHEMBIO FOR $0.45 PER SHARE
    * CHEMBIO DIAGNOSTICS INC -  DEAL TO ACQUIRE CHEMBIO IN AN
ALL-CASH TRANSACTION VALUED AT $17.2 MILLION

Source text for Eikon:  ID:nGNX4MbP80 
Further company coverage:  ALBIO.PA 
 ((Reuters.Briefs@thomsonreuters.com;))