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Healthcare

BRIEF-Novabase Buys Vodafone Portugal's 45% Stake In Celfocus

April 27 (Reuters) - Novabase SGPS SA:

* SAID ON FRIDAY ITS UNIT NOVABASE ENTERPRISE APPLICATIONS BUYS VODAFONE PORTUGAL’S 45.001% STAKE IN CELFOCUS FOR 20 MILLION EUROS

* THERE MAY BE AN ADDITIONAL PRICE ADJUSTMENT OF 7.5 MILLION EUROS, TO BE PAID FOR IN SERVICES, WHICH COULD RAISE THE FINAL PURCHASE PRICE TO A MAXIMUM OF 27.5 MILLION EUROS

* NOVABASE ENTERPRISE APPLICATIONS ALREADY OWNED 54.997% OF CELFOCUS

* TRANSACTION DOES NOT REQUIRE ANY SIGNIFICANT GUIDANCE REFRAMING REGARDING NOVABASE’S STRATEGIC UPDATE 2019+

Source text: bit.ly/2SbLbMD

Further company coverage: (Gdansk Newsroom)

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