Brief: Lumibird Aims To Aquire Ellex’S Laser And Ultrasound Business By Mid-2020

Lumibird SA

04/05/2020 07:44

May 4 (Reuters) - Lumibird SA  LBIRD.PA :
    * UPDATE ON THE ACQUISITION OF ELLEX’S LASER AND ULTRASOUND
BUSINESS
    * LUMIBIRD IS STILL TARGETING MID-2020 FOR COMPLETION OF
TRANSACTION
    * ACCC'S DECISION IS EXPECTED IN LATE JUNE 2020
    * ACCC HAS INDICATED THAT IT WILL NOW UNDERTAKE A FORMAL
MARKET
INQUIRY WITH RESPECT TO LIKELY EFFECT OF ACQUISITION ON
AUSTRALIAN MARKET
    * LUMIBIRD STILL AIMS TO COMPLETE TRANSACTION MID-2020

Source text for Eikon:  ID:nBw71LzK4a 
Further company coverage:  LBIRD.PA 

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