Cellular Biomedicine Inc logo

CBMG - Cellular Biomedicine Inc News Story

$18.11 0.2  1.3%

Last Trade - 15/01/21

Small Cap
Market Cap £259.6m
Enterprise Value £275.7m
Revenue £238k
Position in Universe 3633rd / 6547

BUZZ-Cellular Biomedicine: Jumps on take-private deal

Wed 12th August, 2020 12:17pm
** Cell-based therapies developer's shares  CBMG.O  jump
37.3% to $19.59 premarket on take-private deal of $19.75/shr
    ** CBMG is the second-biggest percentage gainer among U.S.
stocks before the bell; set to erase YTD losses  
    ** Company says a consortium of members of its management
and other investors had signed an agreement to acquire and take
co private  urn:newsml:reuters.com:*:nPn7X7Sba
    ** The offer price represents ~38% premium to Tuesday's
    ** Deal for CBMG's 19.4 mln outstanding shares, according to
Refinitiv data, values the company at ~$383 mln

 (Reporting by Manas Mishra in Bengaluru)
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.