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METEX Metabolic Explorer SA News Story

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Brief: Evonik submits bid for Metex methionine technology platform

Nov 3 (Reuters) - Evonik Industries AG  EVKn.DE  
    * Submits bid for Metex methionine technology platform 
    * Says has submitted a binding offer on october 27th 
    * Says transaction also includes a license agreement for 
continued use of base technology by Metex 
    * Says companies also intend to explore possibility of a 
research cooperation on technological development of 
biotechnologically produced amino acids 
    * Says have agreed to exclusivity and not to disclose any 
information on next steps until agreement has been signed 
 
Source text for Eikon:  ID:nEQ9BBmXK  
Further company coverage:  EVKn.DE  
 
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