Clemex Technologies signs merger agreement to be taken private

Clemex Technologies entered into a merger agreement with a purchaser owned by principal shareholders (including RAL Diagnostics, Zwick Roell AG, and CEO Yves Bassat) to acquire all outstanding shares for $0.20 per share, totaling about $3.8 million.

“The Purchaser will purchase, in effect, all of the issued and outstanding Class A common shares of Clemex, other than shares held directly or indirectly by the Principal Shareholders, at a price of $0.20 in cash per share.”newswire.ca

• 1 source
• newswire.caClemex signs a Merger Agreement with Principal Shareholders to privatize the companyClemex Technologies Inc.Nov 28, 2016

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