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New Deal


Announced

L-GAM and French Tech Souverainete to invest €80m in Biose Industrie.

Financials

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Transaction Value£70m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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France

biopharmaceutical company

Pending

Majority

Pharmaceuticals

Friendly

Private

Acquisition

Single Bidder

Cross Border

Synopsis

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L-GAM, a long-term oriented investment firm, and French Tech Souverainete, an investment fund, agreed to invest €80m ($86m) in Biose Industrie, a contract development and manufacturing organization, specialized in Live biotherapeutic products. "As an industrial partner naturally intent on serving our clients, we are proud to contribute with them to improving the health of all the patients affected by their research programmes,” Adrien Nivoliez, Biose Industrie CEO.

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