Diagnostics provider Synlab signs delisting agreement with Ephios

Synlab AG

31/05/2024 08:28

May 31 (Reuters) - Synlab  SYAB.DE  has signed a
delisting agreement with Ephios Bidco, the German medical
diagnostics provider said in a statement on Friday.
    Ephios, a holding company controlled by investment funds
advised by Cinven Limited, said it would make a public delisting
acquisition offer to Synlab's shareholders to acquire the rest
of the shares it does not hold.
    The holding company already has around 86% of voting rights
in the medical diagnostics provider, Synlab said in a statement.
    Shares in Synlab are up 4.72% at 0718 GMT

 (Reporting by Paolo Laudani, Editing by Rachel More)
 ((Paolo.Laudani@thomsonreuters.com;))