Brief: Candy Club Proposes Acquisition Of Scalare Partners

Scalare Partners Holdings

06/05/2024 07:47

May 6 (Reuters) - Candy Club Holdings Ltd  CLB.AX :
    * PROPOSED ACQUISITION OF SCALARE PARTNERS
    * MERGED ENTITY IS EXPECTED TO HAVE A MARKET CAPITALISATION
OF
APPROXIMATELY A$26.5 MILLION
    * TO ACQUIRE SCALARE PARTNERS TO ENABLE SCALARE TO
ACCELERATE
GROWTH IN THEIR CORPORATE ADVISORY AND FINANCIAL SERVICES
BUSINESS
    * CAPITAL RAISE UNDERTAKEN BY CLB BETWEEN A$4.0 AND A$8.0
MILLION
    * ON COMPLETION OF PROPOSED MERGER, GROUP WILL HAVE NO DEBT

Further company coverage:  CLB.AX 

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