ANNOUNCEMENT Initiation of negotiations for the sale of shares held in a subsidiary
ANNOUNCEMENT
Initiation of negotiations for the sale of shares held in a subsidiary
“IASO PRIVATE GENERAL, OBSTETRIC - GYNAECOLOGICAL & PAEDIATRICS CLINIC - DIAGNOSTIC, THERAPEUTIC & RESEARCH CENTER S.A." (the Company) announces that it has received an offer on behalf of the company “HELLENIC HEALTHCARE S.À R.L.”, a limited liability company with its registered seat in Luxembourg (the Potential Purchaser), for the sale of a percentage (97.2%) of the shares held by the Company in its subsidiary “IASO General – GENERAL CLINIC CHOLARGOU SOCIÉTÉ ANONYME” (IASO General). The Company's Board of Directors decided to initiate exclusive negotiations with the Potential Purchaser on the basis of the offer, subject to the conditions precedent of the conclusion and the findings of the legal and financial due diligence of IASO General conducted by the Potential Purchaser, the agreement between the Company and the Potential Purchaser as regards the text of the share purchase agreement and other customary conditions precedent.