Brief: Timber Pharmaceuticals To Be Acquired By Leo Pharma

Trex Wind-Down

21/08/2023 13:11

Aug 21 (Reuters) - 
  
    * TIMBER PHARMACEUTICALS TO BE ACQUIRED BY LEO PHARMA
    * TIMBER PHARMACEUTICALS INC - TOTAL TRANSACTION VALUE OF UP
TO
$36 MILLION
    * TIMBER PHARMACEUTICALS- TRANSACTION HAS BEEN UNANIMOUSLY
APPROVED BY BOARDS OF DIRECTORS OF BOTH COMPANIES AND IS
EXPECTED TO CLOSE IN Q4 OF 2023
    * TIMBER PHARMACEUTICALS INC - FOLLOWING COMPLETION OF
TRANSACTION, TIMBER WILL BECOME A PRIVATELY HELD COMPANY

Source text for Eikon:  ID:nGNX5kTY7K 
Further company coverage:  TMBR.A 

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