December 21, 2016 / 11:04 AM / 7 months ago

BRIEF-Sygnis buys C.B.S. Scientific for us $0.9 mln

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Dec 21 (Reuters) - Sygnis AG :

* Acquires profitable life sciences tools company C.B.S. Scientific for $0.9 million in cash and shares

* Will pay a total consideration of $900,000 of which $540,000 is in cash, funded from existing cash balances and $360,000 in form of 275,311 new shares in Sygnis to be issued from authorized capital

* Strong sales synergies and significant potential for future revenue growth Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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