Atrys Health : Sells 75% of Conversia for € 35m
>Atrys sells the remaining 75% of Conversia to Arraigo Midco for € 35m - The company has completed the disposal of its non-core compliance unit Conversia with the closeout of the remaining 75% stake for € 35m to Arraigo Midco who already bought an initial 25% stake in December 2022 for € 20m. Taking into account both operations the deal implies 9x EV/EBITDA FY 2023e which in our view is fair despite being somewhat below the group’s current multiple (10x EV/EBITDA FY 2...Atrys Health SA. Atrys Health SA, formerly Europath Biosciences SL, is Spain-based company primarily engaged in the predictive and personalized oncology therapies. It operates under Atrys brand name. Atrys is a clinical and translational research laboratory dedicated to the diagnosis, prognosis and treatment of cancer, including hematologic and solid malignancies. It has four areas of activity: Laboratory, Telemedicine, Radiotherapy, as well as Research and Development (R&D). The Company has its diagnostic laboratories and translational research in Barcelona and Granada, and offices in Madrid, Spain.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.