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New Deal


Announced

Selvita to acquire Fidelta from Galapagos for $38m.

Financials

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Transaction Value£28m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Pending

Croatia

biotechnology

Friendly

Acquisition

Majority

contract research organization

Biotechnology

Cross Border

Single Bidder

Test Inspection and Certification (TIC)

Synopsis

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Selvita, an integrated service provider supporting customers and projects within area of drug discovery, regulatory studies, as well as research and development, agreed to acquire Fidelta, a contract research organization, from Galapagos,a clinical-stage biotechnology company specialized in the discovery and development of small molecule medicines, for $38m. “With this acquisition, we are not only executing our strategy announced this year, but we’re actually taking a leap in both the scope of our services portfolio and the scale of business. It is a transformative moment in the history of Selvita," Boguslaw Sieczkowski, Selvita CEO.

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