Brief: Experience Agrees Non-Binding Term Sheet To Divest Skydive Business
14/07/2026 11:25
BRIEF-Experience Agrees Non-Binding Term Sheet To Divest Skydive Business July 14 (Reuters) - Experience Co Ltd EXP.AX:
AGREES NON-BINDING TERM SHEET TO DIVEST SKYDIVE BUSINESS TO INFLITE GROUP
COMBINED BUSINESS ESTIMATED ENTERPRISE VALUE OF A$110 MILLION ON COMPLETION
TO RECEIVE A$41 MILLION CASH, A$5 MILLION VENDOR NOTE, 32.5% EQUITY IN MERGECO
Further company coverage: EXP.AX
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