Brief: Eurobio Scientific, Vivo Medical Group In Talks To Buy Pathway And Personal Diagnostics

Eurobio Scientific SA

12/06/2019 07:09

June 12 (Reuters) - EUROBIO SCIENTIFIC SA  ALERS.PA :
    * REG-EUROBIO SCIENTIFIC AND VIVO MEDICAL GROUP ENTER INTO EXCLUSIVE
NEGOTIATIONS
FOR THE ACQUISITION OF TWO COMPANIES IN THE UNITED KINGDOM (ADDENDUM)
    * ENTERS INTO EXCLUSIVE NEGOTIATIONS WITH VIVO MEDICAL GROUP
FOR THE ACQUISITION OF PATHWAY DIAGNOSTICS LTD AND PERSONAL
DIAGNOSTICS LTD, TWO BRITISH COMPANIES SPECIALIZING RESPECTIVELY IN THE
DEVELOPMENT AND DISTRIBUTION OF IN VITRO DIAGNOSTIC TESTS IN THE UNITED KINGDOM
AND IRELAND
    * THIS ACQUISITION SHOULD BE MADE WITH A PARTIAL PAYMENT IN CASH,
SUPPLEMENTED BY
AN EXCHANGE OF SHARES
    * LATTER WOULD BE MADE BY ISSUING NEW SHARES FOR AN AMOUNT OF £ 900,000
    * WITH ACQUISITION, EUROBIO SCIENTIFIC IS ALSO STRENGTHENING ITS OFFER OF
SELF-TESTS, AND IS ENTERING RETAIL MARKET

Source text for Eikon:  ID:nGNE6qnnyb 
Further company coverage:  ALERS.PA 

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