Brief: Merck KGaA Announces Agreement To Acquire Chemical Business Of Mecaro
17/08/2022 08:54
Aug 17 (Reuters) - Merck KGaA MRCG.DE :
* MERCK KGAA, DARMSTADT, GERMANY, ANNOUNCES AGREEMENT TO
ACQUIRE
CHEMICAL BUSINESS OF MECARO
* TRANSACTION CONSIDERATION COMPRISES AN UPFRONT CASH
PAYMENT OF €
75 MILLION, PLUS CONTINGENT MILESTONE PAYMENTS OF UP TO € 35
MILLION, TOTALLING AN AGGREGATE TRANSACTION VALUE OF UP TO € 110
MILLION
* TRANSACTION IS EXPECTED TO BE CLOSED IN Q4 2022
Further company coverage: MRCG.DE
((frankfurt.newsroom@thomsonreuters.com;))
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Brief: Merck KGaA Announces Agreement To Acquire Chemical Business Of Mecaro