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New Deal


Announced

MPM BioImpact to acquire Reunion Neuroscience for $13m.

Financials

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Transaction Value£10m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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biotech company

Biotechnology

Public

Friendly

Majority

Pending

Privatisation

Cross Border

Canada

Single Bidder

Acquisition

Synopsis

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MPM BioImpact, a biotechnology investment firm, agreed to acquire Reunion Neuroscience, a clinical-stage biopharmaceutical company, for $13m. “We believe that this all-cash transaction maximizes value and is in the best interest of our shareholders. We are thrilled that MPM recognizes the value and differentiation of our clinical pipeline and look forward to working with them to bring this transaction to a close for the benefit of Reunion’s shareholders," Greg Mayes, Reunion President and CEO.

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