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Cancer Genetics to acquire vivoPharm

Monday, 14 Aug 2017 05:01pm EDT

Aug 14 (Reuters) - Cancer Genetics Inc -:Cancer Genetics announces transformative and accretive acquisition of vivoPharm, a global oncology & immuno-oncology discovery services company.Cancer Genetics Inc - entered into a definitive agreement for cancer genetics to acquire vivoPharm for approximately $12 million usd.Cancer Genetics Inc - Brandt will become president of discovery & early development services at CGI upon completion of acquisition.Cancer Genetics - purchase price is about$12 million, which will include usd $1.2 million in cash and remaining 90% will be shares of CGI common stock.Cancer Genetics Inc - transaction has been approved by boards of directors of both companies.Cancer Genetics Inc - acquisition is expected to be immediately accretive, adding both revenue and income.Cancer Genetics Inc - additionally on August 14, cgi entered into an equity financing arrangement for up to usd $16 million to fund acquisition.Cancer Genetics Inc - initial tranche of funding will be usd $3 million, additional tranches can be accessed by CGI at co's discretion over next 2 years.

Humana expands in Finland

Monday, 14 Aug 2017 02:00am EDT

Aug 14 (Reuters) - HUMANA AB ::HUMANA EXPANDS IN FINLAND.‍ACQUIRES NORDIC SENIOR SERVICES OY (NSS OY) WITH OPERATIONS IN SOUTHERN AND CENTRAL FINLAND.​.‍TRANSFER WILL TAKE PLACE IMMEDIATELY AND OPERATIONS OF NSS OY WILL BE INCLUDED IN ARJESSA, HUMANA'S FINNISH SUBSIDIARY.​.

Envision Healthcare-‍ Air Medical Group required to pay co's unit fee of $125 mln if purchase deal terminated by unit

Thursday, 10 Aug 2017 04:55pm EDT

Aug 10 (Reuters) - Envision Healthcare Corp :Envision Healthcare-‍ Air Medical Group Holdings required to pay co's unit fee of $125 million if purchase deal terminated by unit under certain conditions​.

Aier Eye Hospital completes tender offer of Spain firm acquisition

Thursday, 10 Aug 2017 04:26am EDT

Aug 10 (Reuters) - Aier Eye Hospital Group Co Ltd <300015.SZ> ::* Says it completed tender offer of Spain firm Clínica Baviera, S.A. acquisition .

Medequities Realty Trust to acquire behavioral facilities in Las Vegas and Dallas for $25 million

Monday, 7 Aug 2017 05:30pm EDT

Aug 7 (Reuters) - Medequities Realty Trust Inc :Medequities Realty Trust signs definitive agreement to acquire behavioral facilities in Las Vegas and Dallas for $25 million.Medequities - co to lease facilities to units of AAC pursuant to 15-year triple-net lease at initial lease rate of 8.75 percent with annual escalators​.

Yihua Healthcare's unit to acquire stake in Jiangyin Baiyi Hospital for 112.2 mln yuan

Monday, 7 Aug 2017 08:59am EDT

Aug 7 (Reuters) - Yihua Healthcare Co Ltd <000150.SZ>:Says unit plans to acquire 51 percent stake in Jiangyin Baiyi Hospital for 112.2 million yuan ($16.70 million).

Labcorp to acquire Chiltern for $1.2 bln in cash

Monday, 31 Jul 2017 06:00am EDT

July 31 (Reuters) - Laboratory Corporation Of America Holdings :Labcorp to acquire Chiltern for approximately $1.2 billion in cash, advancing its leadership in drug development.Labcorp - transaction expected to be accretive to Labcorp's adjusted earnings per share and free cash flow in year one.Labcorp - ‍once transaction is complete, Chiltern will become part of Labcorp's covance segment​.Labcorp - deal expected to be accretive to Labcorp's adjusted earnings per share and free cash flow in year one and earn cost of capital by year three​.Labcorp - Acquisition is an all-cash transaction, which labcorp expects to fund with a combination of bank financing and bonds.Labcorp says acquisition is an all-cash transaction.Labcorp says Labcorp expects to fund with a combination of bank financing and bonds.

Skyocean International unit entered into equity transfer agreement

Friday, 28 Jul 2017 08:19am EDT

July 28 (Reuters) - Skyocean International Holdings Ltd <0593.HK>:Unit as purchaser and dreameast culture entertainment and vendor entered into equity transfer agreement.Skyocean Culture Development to acquire all equity interests in Dreameast (Tianjin) Limited for RMB5.4 million.

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