Nightingale Health Oyj (HLSE:HEALTH) agreed to acquire Negen Ltd. on January 18, 2022. Under the terms, consideration will be paid in cash. One of Negen's founders will continue to work after the transaction to support the integration of Negen's technology into Nightingale's offering.

The transaction is conditional on Negen's certain partner agreeing to new terms regarding future collaboration between Negen and the partner. The transaction is also conditional to certain other customary terms and preconditions. The transaction is expected to be completed during January 2022.

Oaklins Merasco Ltd acted as financial advisor for Nightingale Health. Nella Åström of Borenius Attorneys Ltd acted as legal advisor to Nightingale Health Oyj.