The Warsaw Voice » Business » News - July 16, 2018
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Stem cell bank takes over Portugal firm
Listed stem cell bank PBKM will pay EUR 16.5 million for a majority stake in Portuguese company Stemlab, PBKM said in a filing.
The sum is adjusted by Stemlab's net debt, the filing specified.
PBKM expects to close the deal within 60 days following inking of the contract on July 12, provided that it secures financing and that the Portuguese anti-monopoly watchdog gives a green light to the transaction.