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FROM SRN NEWS

Australia’s Telix Pharma agrees to buy Germany’s ITM Isotope for about $1.65 billion

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Sept 21 (Reuters) – Australia’s Telix Pharmaceuticals said on Monday it has agreed to acquire Germany-based ITM Isotope Technologies Munich SE for about $1.65 billion on a cash- and debt-free basis.

After adjustments, ITM shareholders are expected to receive about $1.25 billion in Telix shares at $11.84 per share.

(Reporting by Sneha Kumar in Bengaluru; Editing by Aurora Ellis)

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SRN News — View the original story at SRNNews.com.

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