Brief: Wildbrain Signs Agreement To Sell Majority Stake In Its Television Broadcast Business To Iom Media

WildBrain

18/12/2024 12:12

Dec 18 (Reuters) - WildBrain Ltd  WILD.TO :
    * WILDBRAIN SIGNS AGREEMENT TO SELL MAJORITY STAKE IN ITS
TELEVISION BROADCAST BUSINESS TO IOM MEDIA
    * WILDBRAIN LTD - EXPECTS TO RECEIVE OVER $40 MILLION FROM
TRANSACTION
    * WILDBRAIN LTD - TO RETAIN 33 1/3% OWNERSHIP OF CHANNELS
    * WILDBRAIN LTD - TO SELL 66 2/3% OF TV BROADCAST BUSINESS
    * WILDBRAIN LTD: MAINTAINS ITS FISCAL YEAR 2025 OUTLOOK
UNTIL
AFTER TRANSACTION HAS CLOSED

Source text:  ID:nCNWtbDgda 
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