16th Jun 2021 11:58
EverArc Holdings Ltd - investment vehicle - Inks definitive agreement with SK Invictus Holdings Sarl to acquire 100% of SK Invictus Intermediate Sarl, parent company of manufacturer of firefighting products and lubricant additives Perimeter Solutions. Says the transaction is worth USD2 billion. Says acquisition will constitute a reverse takeover. Transacation chalked in for fourth quarter of this year.
Current stock price: USD13.50, up 8.0% on Wednesday
Year-to-date change: down 3.6%
By Greg Roxburgh; [email protected]
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