Categories: News

Kanteron Systems Expresses Interest in the Leveraged Buyout of Agfa

Spanish open-source startup, Kanteron Systems explores buying out European multinational Agfa.

Valencia, Spain, September 12, 2018 –(PR.com)– Kanteron Systems confirms it has sent the Board of Directors of Agfa-Gevaert NV a non-binding indication of interest for the acquisition of all shares in Agfa-Gevaert NV by way of a voluntary conditional public takeover offer of Kanteron Systems to all shareholders of Agfa-Gevaert NV.

�Agfa Healthcare business unit revenues have been stagnant in the last few years. However, a deal with Kanteron would allow Agfa to tap into our leading-edge technology, particularly in Pathology and Genomics, enabling Agfa to take the lead in the new Clinical Information Systems for Precision Medicine market, which is a huge and disruptive long-term growth opportunity,” commented Jorge Cortell, Kanteron Systems’ CEO. “Some of Agfa’s largest international distributors have already signed up with Kanteron Systems. It’s time we give the whole Agfa family access to our innovative technology.”

The communications between the companies are at an early stage, therefore, there is no certainty as to whether, and under which conditions, Kanteron Systems may make a public tender offer to the shareholders of Agfa-Gevaert NV.

Let’s block ads! (Why?)

Alex

Recent Posts

Chancay to Shanghai — Alpacas on the Move

LIMA, PERU / SHANGHAI, CHINA - Media OutReach Newswire - 15 November 2024 - "From…

16 hours ago

Only 2 hours from Tokyo! Come meet the Niigata Limited Edition Hello Kitty! The Hello Kitty × Hello Niigata Campaign has Begun!

A special gift with the world-famous Hello Kitty NIIGATA, JAPAN - Media OutReach Newswire -…

18 hours ago

2024 China Huangshan Book Fair Opens in Hefei, Marking Several “Firsts”

HEFEI, CHINA - Media OutReach Newswire - 15 November 2024 - On November 15, the…

19 hours ago

OPPO Find X8 Series to Debut MediaTek Dimensity 9400 SOC for Global Markets Combining Ultra Performance, Efficiency & AI Experiences

SHENZHEN, CHINA - Media OutReach Newswire - 15 November 2024 - OPPO, the world's leading…

21 hours ago

Jiangxi’s Intangible Cultural Heritage: Preserving Tradition While Embracing Innovation

NANCHANG, CHINA - Media OutReach Newswire – 15 November 2024 - Recently, at the 8th…

22 hours ago