September 25, 2018 / 9:48 AM / 21 days ago

BRIEF-PBKM Finalises Acquisition of Stemlab

Sept 25 (Reuters) - POLSKI BANK KOMOREK MACIERZYSTYCH SA :

* SAID ON MONDAY IT HAS FINALISED ACQUISITION OF 99.99 PCT OF PORTUGAL’S STEMLAB SA FOR EUR 17.5 MLN

* SAYS AS PER AGREEMENT, ABOUT 4.41 PCT OF SHARES WERE SOLD TO STEMLAB’S CEO FOR EUR 0.8 MLN

* AFTER TRANSACTION, CO OWNS 95.6 PCT OF STEMLAB, THE COMPANY SAID IN A SEPARATE STATEMENT

* EARLIER IN SEPTEMBER CO INFORMED IT HAD OBTAINED FUNDING FOR THE ACQUISITION

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Further company coverage: (Gdynia Newsroom)

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