May 4, 2020 / 6:48 AM / a month ago

BRIEF-Lumibird Aims To Aquire Ellex’S Laser And Ultrasound Business By Mid-2020

May 4 (Reuters) - Lumibird SA:

* UPDATE ON THE ACQUISITION OF ELLEX’S LASER AND ULTRASOUND BUSINESS

* LUMIBIRD IS STILL TARGETING MID-2020 FOR COMPLETION OF TRANSACTION

* ACCC’S DECISION IS EXPECTED IN LATE JUNE 2020

* ACCC HAS INDICATED THAT IT WILL NOW UNDERTAKE A FORMAL MARKET INQUIRY WITH RESPECT TO LIKELY EFFECT OF ACQUISITION ON AUSTRALIAN MARKET

* LUMIBIRD STILL AIMS TO COMPLETE TRANSACTION MID-2020 Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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