Brief: Mav Beauty Brands Announces Conclusion Of Strategic Review Process

MAV Beauty Brands

12/07/2021 12:08

July 12 (Reuters) - Mav Beauty Brands Inc  MAV.TO :
    * MAV BEAUTY BRANDS - SPECIAL COMMITTEE OF BOARD CONDUCTED
EXTENSIVE REVIEW, EVALUATION OF A NUMBER OF POTENTIAL STRATEGIC
ALTERNATIVES AVAILABLE TO CO
    * MAV BEAUTY- BELIEVES FOCUSING ON ORGANIC GROWTH STRATEGY,
INCLUDING E-COMMERCE, LEVERAGING OPERATING PLATFORM TO SCALE
INDEPENDENT BRANDS, IMPROVE MARGINS
    * MAV BEAUTY - BELIEVES PURSUING ACCRETIVE ACQUISITIONS IS
CURRENTLY BEST ALTERNATIVE FOR MAXIMIZING VALUE FOR SHAREHOLDERS
    * MAV BEAUTY - AMENDED EXISTING CREDIT FACILITIES TO IMPROVE
QUARTERLY FINANCIAL COVENANT TEST AND PROVIDE FOR BENCHMARK
REPLACEMENT PROVISIONS

Source text for Eikon:  ID:nCNWpylYja 
Further company coverage:  MAV.TO 

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