To Divest All Of 29.1% Stake In Thorne Healthtech To U.S.-Based Investment Firm L Catterton For About $160 Million

Thorne HealthTech

29/08/2023 24:51

Aug 29 (Reuters) - Mitsui & Co Ltd  8031.T :
    * MITSUI & CO LTD - NOTICE OF PLANNED SHARE TRANSFER OF
THORNE
HEALTHTECH, INC
    * MITSUI & CO LTD - TO DIVEST ALL OF 29.1% STAKE IN THORNE
HEALTHTECH TO U.S.-BASED INVESTMENT FIRM L CATTERTON FOR ABOUT
$160 MILLION
    * MITSUI & CO LTD - TRANSFER PRICE OF THORNE HEALTHTECH IS
$10.20
PER SHARE
    * MITSUI & CO LTD - PROFIT FROM SALE OF THORNE HEALTHTECH
STAKE
WAS NOT REFLECTED IN EARNINGS FORECAST FOR FY ENDING MAR 2024

Source text for Eikon:  ID:nTStb85a00 
Further company coverage:  8031.T 

 (Reporting by Kantaro  Komiya)
 ((Kantaro.Komiya@thomsonreuters.com;))