ADO 9.09% 2.4¢ anteotech ltd

Ann: Anteo to acquire Global Diagnostics Company - DIAsource, page-16

  1. 629 Posts.
    This was the highlight for me:

    DIAsource Managing Director, Dr. Jozef Vangenechten, added: “This is an exciting opportunity for DIAsource to become part of a global stock exchange listed parent company, and we’re happy and honoured to be the first operating subsidiary company chosen by Anteo to become part of its new growth strategy. With decades of experience in immunoassay development and manufacturing, we believe in Anteo’s Mix & Go technology and look forward to the opportunity of showing and harvesting its benefits in our industrial immunoassay manufacturing. We will continue to work closely with Anteo over the coming months to bring the transaction to a close.

    * "first operating subsidiary"

    * "With decades of experience in immunoassay development and manufacturing, we believe in Anteo's Mix & Go technology"

    Why would a profitable and rapidly growing business sell unless they believed there was a synergy that would help the combined entity grow even more rapidly?

    [uncorks champagne]
 
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