Brief: Schroders Capital Global Innovation Trust Announces Sale Of Carmot Therapeutics

Schroders Capital Global Innovation Trust

08/12/2023 07:42

Dec 8 (Reuters) - Schroders Capital Global Innovation
Trust PLC  INOV.L :
    * SCHRODERS CAP GLBL  - SALE OF CARMOT THERAPEUTICS
    * SCHRODERS CAPITAL GLOBAL INNOVATION TRUST -  PORTFOLIO CO
CARMOT
THERAPEUTICS ON 3 DEC ENTERED INTO DEFINITIVE AGREEMENT TO BE
ACQUIRED BY ROCHE
    * SCHRODERS CAPITAL GLOBAL INNOVATION TRUST PLC - DEAL FOR
PURCHASE PURCHASE PRICE OF $2.7 BILLION UPFRONT AND POTENTIAL
FOR $400 MILLION IN MILESTONE PAYMENTS
    * SCHRODERS CAPITAL GLOBAL INNOVATION TRUST PLC - AGREEMENT
IS
EXPECTED TO CLOSE IN Q1 OF 2024

Source text for Eikon:  ID:nRSH0922Wa 
Further company coverage:  INOV.L 

 (Reuters.Briefs@thomsonreuters.com)