Brief: Rubicon updates on acquisition of US-based Arborgen Inc

Arborgen Holdings

28/06/2017 22:33

June 29 (Reuters) - Rubicon Ltd  RBC.NZ  
    * Rubicon acquires US-based Arborgen Inc 
    * Purchase price of deal is US$29 million 
    * Payments outstanding under two deferred tranches are 
secured by pledge to International Paper & Westrock of all of 
Rubicon's shares in Arborgen 
 
Source text for Eikon:  ID:nNZScDBa  
Further company coverage:  RBC.NZ  
 
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