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Principal Technologies signed a non-binding LOI to acquire a 70.7% equity interest in Syndermix AG, a Swiss medical research developer, for $44 million. The deal includes three medical technologies.
“The Company will purchase a total 70.7% equity interest in and all loans to Syndermix from two arms-length sellers in a transaction valued at $44 million.”de.advfn.com
Summarized from public sources; check the original articles before acting on it.