Brief: Mentice Enters Into Agreement To Acquire Vascular Simulations Inc.

Mentice AB

01/10/2020 09:07

Oct 1 (Reuters) - Mentice AB  MNTC.ST :
    * MENTICE ENTERED INTO AN AGREEMENT TO ACQUIRE ALL
SUBSTANTIAL
ASSETS OF THE US MEDICAL TECHNOLOGY COMPANY VASCULAR SIMULATIONS
INC
    * PURCHASE PRICE AMOUNTS TO 5.6 MILLION USD (APPROX. 48
MILLION
SEK) WITH A POSSIBLE ADDITIONAL PURCHASE PRICE OF MAXIMUM 0.4
MILLION USD (APPROX. 3.5 MILLION SEK)
    * PURCHASE PRICE WILL BE PAID WITH A DIRECTED NEW SHARES
ISSUE IN
MENTICE AB

Source text for Eikon:  ID:nWkr4vmV2G 
Further company coverage:  MNTC.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))