Artisan Acquisition Corp. (ARTAU) to Combine with Prenetics in $1.25Bn Deal

Artisan Acquisition Corp. (ARTAU) to Combine with Prenetics in $1.25Bn Deal

Artisan Acquisition Corp. (NASDAQ:ARTAU) has entered into a definitive agreement to combine with genomic and diagnostic testing company Prenetics Group Limited at an enterprise value of $1.25 billion, or 4.6x its 2022E revenue. Hong Kong-based Prenetics is a global leader in genomic and diagnostic testing that is decentralising healthcare with a focus on prevention, diagnostics
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