Brief: Covalon Initiates Strategic Review

Covalon Technologies

21/10/2020 14:27

Oct 21 (Reuters) - Covalon Technologies Ltd  COV.V :
    * COVALON INITIATES STRATEGIC REVIEW TO ENHANCE SHAREHOLDER
VALUE
    * COVALON -  ALTERNATIVES MAY INCLUDE, CONTINUING AS A
STANDALONE
PUBLIC COMPANY, A JOINT VENTURE, OR A POTENTIAL SALE OR MERGER
    * COVALON TECHNOLOGIES LTD - INDEPENDENT SPECIAL COMMITTEE
OF
BOARD  CHAIRED BY AMIR BOLOOR AND INCLUDING RON SMITH, MYRNA
FRANCIS, HAS BEEN FORMED
    * COVALON - EXPRESSIONS OF INTEREST WERE MADE TO COMPANY BY
MEDICAL INDUSTRY AND PRIVATE EQUITY ORGANIZATIONS

Source text for Eikon:  ID:nCNWhm0Lca 
Further company coverage:  COV.V 

 ((Reuters.Briefs@thomsonreuters.com;))