XVIVO Perfusion AB
XVIVO Completes the Acquisition of Star Teams Inc.
GOTHENBURG, SE / ACCESSWIRE / November 9, 2021 / XVIVO Perfusion AB (STO:XVIVO)(LSE:0RKL)(FRA:3XV)
XVIVO Perfusion AB (publ) ("XVIVO") has today completed the acquisition of all shares in the US organ recovery company Star Teams Inc. ("Star Teams") that XVIVO announced on October 28, 2021.
On October 28, 2021, XVIVO announced that the company had entered into an agreement to acquire all shares in Star Teams. The completion of the acquisition was conditional upon XVIVO obtaining financing for an initial purchase price of USD 12.61 million with an additional potential earn-out payment of up to USD 13.75 million (in total USD 26.36 million) through the new issue of shares that the company successfully carried out later the same day. XVIVO has today paid the initial cash purchase price and completed the acquisition of Star Teams. Accordingly, Star Teams will be consolidated into XVIVO as of November 9, 2021.
For further information on the acquisition and Star Teams, please see the press release that XVIVO published on October 28, 2021.
November 9, 2021
XVIVO Perfusion AB (publ)
For further information, please contact:
Founded in 1998, XVIVO is the only medical technology company dedicated to extending the life of all major organs - so transplant teams around the world can save more lives. Our solutions allow leading clinicians and researchers to push the boundaries of transplantation medicine. XVIVO is headquartered in Gothenburg, Sweden, and has offices and research sites on two continents. The company is listed on Nasdaq and has the ticker symbol XVIVO. More information can be found on the website www.xvivogroup.com.
SOURCE: XVIVO Perfusion AB
View source version on accesswire.com:
To view this piece of content from www.accesswire.com, please give your consent at the top of this page.
Subscribe to releases from ACCESSWIRE
Subscribe to all the latest releases from ACCESSWIRE by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from ACCESSWIRE
XVIVO Perfusion AB30.11.2021 08:21:48 CET | Press release
Increased Number of Shares and Votes in XVIVO Perfusion AB (publ)
EnviroMetal Technologies Inc29.11.2021 14:32:31 CET | Press release
EnviroMetal Reports High Gold Recoveries in Leach Tests for the McAdams Creek Mine
iZafe Group29.11.2021 14:02:07 CET | Press release
iZafe Engages Mangold Fondkommission as Liquidity Provider
iZafe Group29.11.2021 08:52:06 CET | Press release
iZafe Group Q3 Interim Report, July-September 2021
Smart Eye25.11.2021 15:09:03 CET | Press release
Smart Eye completes the acquisition of iMotions
Bambuser AB25.11.2021 14:43:21 CET | Press release
BuzzFeed Taps Bambuser to Create Live Video Shopping Initiatives
STRAX25.11.2021 09:06:51 CET | Press release
Interim Report no. 3 for Financial Year 2021
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom