Brief: Evonik to acquire technology from Metabolic Explorer
28/11/2016 16:38
Nov 28 (Reuters) - Metabolic Explorer SA METEX.PA :
* Evonik EVKn.DE to acquire technology from METEX for the fermentative production of
methionine
* Total consideration for transfer of this technology, including a two-year transfer service
agreement, amounts to 45 million euros ($47.61 million)
* Transaction also includes a back license agreement pertaining to certain patents to be
transferred to Evonik
Source text for Eikon: ID:nNDL1vk4BS
Further company coverage: METEX.PA
($1 = 0.9452 euros)
(Gdynia Newsroom)
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