Brief: Steer Announces Execution Of Definitive Agreements And Conditional Approval Of Tsxv For An $18 Million Direct Investment Involving Its Digital Restaurant Supply Business (B2b Marketplace)
24/03/2023 12:37
March 24 (Reuters) - Steer Technologies Inc STER.V :
* STEER ANNOUNCES EXECUTION OF DEFINITIVE AGREEMENTS AND
CONDITIONAL APPROVAL OF TSXV FOR AN $18 MILLION DIRECT
INVESTMENT INVOLVING ITS DIGITAL RESTAURANT SUPPLY BUSINESS (B2B
MARKETPLACE)
* STEER TECHNOLOGIES INC - ENTERED INTO BINDING DEFINITIVE
AGREEMENTS TO COMPLETE SALE OF ABOUT 37.5% OF COMPANY'S DIGITAL
RESTAURANT SUPPLY BUSINESS
* STEER TECHNOLOGIES INC - DEAL AT A POST-MONEY VALUATION OF
APPROXIMATELY $47.14 MILLION
Source text for Eikon: ID:nBw4GNttXa
Further company coverage: STER.V
((Reuters.Briefs@thomsonreuters.com;;))
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