BRIEF-AnPac Bio-Medical Science Enters Into Definitive Agreement To Make Acquisition in U.S.

Reuters

2023/02/13

Feb 13 (Reuters) - AnPac Bio-Medical Science Co Ltd

* ANPAC BIO-MEDICAL SCIENCE ENTERS INTO DEFINITIVE AGREEMENT TO MAKE ANOTHER ACQUISITION TO SIGNIFICANTLY EXPAND SCOPE OF BUSINESS IN THE U.S.

* ANPAC BIO-MEDICAL SCIENCE - ENTERED EQUITY PURCHASE AGREEMENT TO ACQUIRE A GROUP OF AFFILIATED COMPANIES, SLV WINDFALL GROUP LLC, OTHERS

* ANPAC BIO-MEDICAL SCIENCE CO LTD - AGREED TO PURCHASE 100% OF ISSUED AND OUTSTANDING EQUITY INTERESTS OF AFFILIATED COMPANIES FOR $28 MILLION

* ANPAC BIO-MEDICAL - DEAL CONSIDERATION PAYABLE IN FORM OF CASH IN FOUR INSTALLMENT PAYMENTS PURSUANT TO A PAYMENT SCHEDULE BASED ON MILESTONE EVENTS

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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