ABCAM Plc completes the transaction with Expedeon

  • Jan 02, 2020 GMT
  • Team Kalkine
  ABCAM Plc (LON: ABC) has announced the completion of the transaction between the company and Expedeon.
  • The company reported that it had completed the transaction to acquire TGR BioSciences, Expedeon Ltd, and Innova Biosciences Ltd from Expedeon AG.
  • The acquisition which was announced in November of the passing year will secure a complementary portfolio of leading protein conjugation technologies and products for the company.
  • The company has reported that Ondra LLP had provided advice to the Board of Directors in relation to this acquisition.
  • On 2nd January 2020, at the time of writing, GMT 08:01 AM, ABC shares were trading at GBX 1,366.00, up by 14.00 points or 1.04% against the previous day closing price.

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