Monday, December 1, 2014

BRIEF-Vita 34 to take over all assets of Vivocell Biosolutions

Dec 1 (Reuters) - Vita 34 AG :



* Takes over commercial operations of Austrian company forumbilical cord blood storages as of Jan. 2, 2015 withinframework of an asset deal



* To take over all assets of Vivocell Biosolutions GmbH & CoKG from Graz at a price of 650,000 euros ($811,850) uponapproval by Supervisory Board



* Group revenue of Vita 34 will increase in 2015 by about 7pct because of takeover



* There will be no transfer of Vivocell's employees to Vita34Source text for Eikon: Further company coverage: ($1 = 0.8006 euros) (Gdynia Newsroom)





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