Oct 22 (Reuters) - Gimv NV GIMV.BR:
SALE OF ITS STAKE IN IMCHECK THERAPEUTICS TO IPSEN
CLOSING PURCHASE PRICE OF 350 MILLION EURO AND POTENTIAL MILESTONE PAYMENTS TOTALING NEARLY 1 BILLION EURO
TRANSACTION IS EXPECTED TO CLOSE BY END OF Q1 2026
WILL RECEIVE AN UPFRONT CASH PAYMENT THAT REPRESENTS A REALIZED MONEY MULTIPLE OF 2.6X ON OUR TOTAL INVESTMENT
POSITIVE IMPACT OF APPROXIMATELY 0.4 EURO PER SHARE COMPARED TO UNAUDITED NAV COMMUNICATED IN THE TRADING UPDATE AT THE BEGINNING OF SEPT
Source text: https://tinyurl.com/3setwcj4
Further company coverage: GIMV.BR
(Gdansk Newsroom)
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