Deal Snapshot
MEDIBIO TO ACQUIRE CORPORATE HEALTH TECHNOLOGY SUPPLIER VITAL CONVERSATIONS
Tuesday 13 March 2018

Australia-based mental health technology company Medibio Ltd. (MEB) (ASX: MEB) (OTCQB: MDBIF) has agreed to acquire corporate health technology supplier Vital Conversations to provide products and solutions for the corporate wellness market, the company said.
The acquisition price of AUD 500,000 (USD 392,835) will be funded by cash and shares. The value ascribed reflects the opportunity for revenue growth through corporate expansion integrated with Medibio's technology.


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Details
Date Published: 13/03/2018
Target: Vital Conversations
Country: Australia
Deal Size: 392,835 (USD)
Sector: Healthcare
Type: Corporate acquisition
Financing: Cash and Stock
Status: Agreed
Vendor:
Buyer: Medibio Ltd
Comment:


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