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BRIEF-Biox enters into arrangement agreement for going private transaction
July 6, 2017 / 2:16 AM / 2 months ago

BRIEF-Biox enters into arrangement agreement for going private transaction

July 5 (Reuters) - Biox Corp

* Biox enters into arrangement agreement for going private transaction with its principal shareholder group and amends bridge note

* Has signed definitive arrangement agreement in connection with previously announced proposed acquisition by FP Resources Limited & CFFI Ventures

* Pursuant to arrangement agreement, shares would be acquired for cash consideration of $1.23 per share

* Secured bridge note held by CFFI Ventures in original aggregate principal amount of US$5.22 million issued on January 1, was further amended

* Note was further amended to increase amount available to biox thereunder by up to an extra $3 million & to extend maturity date from September 30 to October 31 Source text for Eikon: Further company coverage:

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