Brief: Neptune Wellness to buy Data-Marketing and Artificial Intelligence Firm Datasys for about $112 Mln
20/11/2023 13:11
Nov 20 (Reuters) - Neptune Wellness Solutions Inc
NEPT.O :
* NEPTUNE WELLNESS ANNOUNCES LETTER OF INTENT TO ACQUIRE
LEADING
DATA-MARKETING AND ARTIFICIAL INTELLIGENCE COMPANY, DATASYS, FOR
TOTAL POTENTIAL CONSIDERATION OF $112 MILLION
* NEPTUNE WELLNESS SOLUTIONS INC - PROPOSED DEAL FOR TOTAL
POTENTIAL CONSIDERATION OF $112 MILLION
* NEPTUNE WELLNESS SOLUTIONS: DEAL'S TOTAL POTENTIAL
CONSIDERATION
IS COMBINATION OF CASH, RESTRICTED EQUITY, PIK SELLER NOTE AND
1-TIME EARNOUT PAYMENT
Source text for Eikon: ID:nCNWLymjqa
Further company coverage: NEPT.O
((Reuters.Briefs@thomsonreuters.com;))
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Brief: Neptune Wellness to buy Data-Marketing and Artificial Intelligence Firm Datasys for about $112 Mln
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