BRIEF-Pharmacosmos Group To Acquire G1 Therapeutics-March 2024-www.financetom.com

BRIEF-Pharmacosmos Group To Acquire G1 Therapeutics

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BRIEF-Pharmacosmos Group To Acquire G1 Therapeutics

Aug 7, 2024 4:51 AM

Aug 7 (Reuters) - G1 Therapeutics Inc ( GTHX ):

* PHARMACOSMOS GROUP TO ACQUIRE G1 THERAPEUTICS

* G1 THERAPEUTICS INC ( GTHX ) - PHARMACOSMOS TO ACQUIRE G1

THERAPEUTICS

FOR $405 MILLION

* G1 THERAPEUTICS INC ( GTHX ): G1'S SHAREHOLDERS TO RECEIVE U.S.

$7.15 PER

SHARE IN CASH FOR A TOTAL EQUITY VALUE OF APPROXIMATELY $405

MILLION

* G1 THERAPEUTICS INC ( GTHX ): PROPOSED DEAL FOR $7.15 PER SHARE IN

CASH

* G1 THERAPEUTICS ( GTHX ): DEAL WILL BE FULLY FINANCED BY

PHARMACOSMOS'

EXISTING CASH ON HAND, CREDIT FACILITIES

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