March 16, 2018 / 12:44 PM / 6 months ago

BRIEF-Immunoprecise Signs Agreement To Buy Modiquest Research

March 16 (Reuters) - Immunoprecise Antibodies Ltd:

* IMMUNOPRECISE ENTERS INTO DEFINITIVE AGREEMENT TO ACQUIRE MODIQUEST RESEARCH BV

* IMMUNOPRECISE ANTIBODIES LTD - ‍IMMUNOPRECISE WILL PAY A TOTAL OF EUR 7,000,000​

* IMMUNOPRECISE - AGREED TO ACQUIRE ALL OF ISSUED AND OUTSTANDING SHARES OF MODIQUEST AND IMMULEASE​

* IMMUNOPRECISE ANTIBODIES LTD - ‍ WILL COMPLETE A DEBENTURE FINANCING IN PRINCIPAL AMOUNT OF UP TO CAD $4.1 MILLION

* IMMUNOPRECISE - ‍PURCHASE PRICE TO BE PAID USING EUR 2,500,000 IN CASH, 6,600,399 SHARES OF IMMUNOPRECISE ​ Source text for Eikon: Further company coverage:

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