Brief: ‍Duni Has Entered Into An Agreement To Divest 25 Percent Of Shares In Biopak Pty Ltd To Funds Managed By Five V Capital

Duni AB

13/12/2022 19:15

Dec 13 (Reuters) - Duni AB  DUNI.ST :
    * DUNI GROUP WELCOMES THE AUSTRALIAN BASED PRIVATE EQUITY
FIRM
FIVE V CAPITAL AS A NEW MINORITY PARTNER IN THE GROUP'S
SUBSIDIARY BIOPAK PTY LTD BY DIVESTING 25 PERCENT OF THE SHARES
IN THIS COMPANY
    * PURCHASE PRICE, FOR DIVESTMENT OF 25 PERCENT OF SHARES,
AMOUNTS
TO AUD 65.8 M. AUD 61.3 M WILL BE PAID IN DECEMBER 2022
    * DUNI GROUP WILL AFTER TRANSACTION HOLD 53 PERCENT OF
SHARES IN
BIOPAK PTY LTD
    * IN ADDITION, GIVEN THAT CERTAIN PREDETERMINED CONDITIONS
ARE
MET, A DEFERRED CONSIDERATION PRICE OF AUD 4.5 M MAY BE PAID
BETWEEN Q3 2023 AND Q3 2024

Source text for Eikon:  ID:nWkr7jrbZd 
Further company coverage:  DUNI.ST 
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