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BX - Biox News Story

C$1.24 0.0  0.0%

Last Trade - 26/09/17

Sector
Energy
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £46.4m
Position in Universe th / 2710

BRIEF-Biox enters into arrangement agreement for going private transaction

Thu 6th July, 2017 2:55am
July 5 (Reuters) - Biox Corp  BX.TO  
    * Biox enters into arrangement agreement for going private 
transaction with its principal shareholder group and amends 
bridge note 
    * Has signed definitive arrangement agreement in connection 
with previously announced proposed acquisition by FP Resources 
Limited & CFFI Ventures 
    * Pursuant to arrangement agreement, shares would be 
acquired for cash consideration of $1.23 per share 
    * Secured bridge note held by CFFI Ventures in original 
aggregate principal amount of US$5.22 million issued on January 
1, was further amended 
    * Note was further amended to increase amount available to 
biox thereunder by up to an extra $3 million & to extend 
maturity date from September 30 to October 31 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nCNWTBSgZa 
Further company coverage:  BX.TO  
 
 ((Bangalore.newsroom@thomsonreuters.com))
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