Picture of Ipsen SA logo

IPN Ipsen SA News Story

0.000.00%
fr flag iconLast trade - 00:00
HealthcareBalancedLarge CapHigh Flyer

Brief: Gimv Sells Imcheck Therapeutics Stake To Ipsen For EUR 350 Mln

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)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

Recent news on Ipsen SA

See all news