Brief: Boulevard Acquisition Says Institutional Investors Agreed To Private Placement Of New Estre Shares For About $130 Mln

Estre Ambiental

14/12/2017 24:00

Dec 13 (Reuters) - Boulevard Acquisition Corp II  BLVD.O : 
    * BOULEVARD ACQUISITION CORP. II AND ESTRE AMBIENTAL S.A. 
TRANSACTION UPDATE 
    * BOULEVARD - NUMBER OF UNRELATED INSTITUTIONAL INVESTORS 
AGREED 
TO PURCHASE IN PRIVATE PLACEMENT, ORDINARY SHARES OF NEW ESTRE 
FOR ABOUT $130 MILLION 
    * BOULEVARD ACQUISITION - PURCHASERS IN PRIVATE PLACEMENT 
WILL 
RECEIVE FROM NEW ESTRE AN ADDITIONAL TWO ORDINARY SHARES FOR 
EACH 10 SHARES PURCHASED 
    * BOULEVARD ACQUISITION CORP II - TRANSACTION BETWEEN 
BOULEVARD 
AND ESTRE EXPECTED TO CLOSE SHORTLY AFTER BOULEVARD'S 
STOCKHOLDERS MEETING ON DEC 21 
 
Source text for Eikon:  ID:nPn7010Zda  
Further company coverage:  BLVD.O  
 
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