Brief: Bioceres Crop Solutions And Marrone Bio Announce Merger Agreement

Bioceres Crop Solutions

16/03/2022 21:32

Marrone Bio Innovations Inc  MBII.O :
    * BIOCERES CROP SOLUTIONS AND MARRONE BIO ANNOUNCE MERGER
AGREEMENT
    * MARRONE BIO INNOVATIONS INC - DEAL FOR APPROXIMATELY $236
MILLION
    * MARRONE BIO INNOVATIONS INC - DEAL FOR FIXED RATIO OF
0.088
    * MARRONE BIO INNOVATIONS INC - UPON CLOSE, MBI SHAREHOLDERS
WILL
OWN APPROXIMATELY 16 MILLION SHARES OF BIOCERES
    * MARRONE BIO INNOVATIONS INC -  UPON CLOSE, AT LEAST TWO
INDIVIDUALS DESIGNATED BY MBI TO BE APPOINTED TO BIOCERES' BOARD
    * MARRONE BIO - BIOCERES OBTAINS COMMITMENT FOR UP TO $45
MILLION
LOAN FACILITY AND CONVERSION OF EXISTING CONVERTIBLE NOTES INTO
SHARES, NEW LOAN FACILITY

Source text for Eikon:  ID:nGNX7lGG74 
Further company coverage:  MBII.O