Deal Snapshot
GENEREX BIOTECHNOLOGY TO ACQUIRE SURGICAL DEVICE MANUFACTURER PANTHEON MEDICAL FOOT AND ANKLE
Friday 11 January 2019

US-based healthcare holdings company Generex biotechnology Corp. (OTCQB: GNBT) has entered into a letter of intent to acquire specialty orthopedic surgery products and tools manufacturer Pantheon Medical Foot and Ankle, the company said.
Under the terms of the deal, Generex will acquire all of the assets of Pantheon Medical including business operations, accounts receivable and inventory, contracts, and an FDA letter related to balanced plating system, on a debt free basis, for USD 1.4m worth of Generex stock, plus additional cash and stock consideration upon achieving certain sales and profit goals.


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 11/01/2019
Target: Pantheon Medical Foot and Ankle
Country: USA
Deal Size: 1.4m (USD)
Sector: Healthcare
Type: Corporate acquisition
Financing: Stock
Status: Agreed
Vendor:
Buyer: Generex biotechnology
Comment:


Options