Brief: Observe Medical In Talks Regarding Production Facility In Italy

Observe Medical ASA

14/12/2022 14:53

Dec 14 (Reuters) - Observe Medical ASA  OBSRV.OL :
    * OBSERVE MEDICAL SIGNS EXCLUSIVITY AGREEMENT WITH FERRARI L. TO NEGOTIATE ACQUISITION OF
PRODUCTION FACILITY
    * FERRARI L.OWNS AND OPERATES A PRODUCTION FACILITY FOR MEDICAL AND SURGICAL EQUIPMENT
LOCATED IN
VERONA, ITALY
    * PRODUCTION FACILITY DELIVERS PRODUCTS TO COMPANIES WORLDWIDE AND GENERATED REVENUES OF
AROUND
EUR 2.7 MILLION IN 2021
    * OBSERVE MEDICAL AIMS TO CLOSE FINAL ACQUISITION AGREEMENT FOR FERRARI L. IN Q1 OF 2023

Source text for Eikon:  ID:nObi9pDWha 
Further company coverage:  OBSRV.OL 
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