M&A
confidence high
sentiment neutral
materiality 0.75
TANDEM DIABETES CARE INC (TNDM): M&A transaction — Tandem Diabetes completes acquisition of AMF Medical for CHF 70.4M upfront plus earnouts
TANDEM DIABETES CARE INC
- Total upfront consideration: CHF 8.0M strategic investment (Q3 2022) plus CHF 62.4M cash at closing.
- Acquisition closed on January 19, 2023; additional contingent earnout payments may follow.
- Target: AMF Medical SA, a Swiss diabetes technology company; adds to Tandem's product portfolio.
- Transaction previously disclosed in December 2022; Purchase Agreement filed with 8-K.