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BRIEF-Ellipsiz updates on proposed disposal of all shares in issued share capital of SV Probe
August 21, 2017 / 9:35 AM / 3 months ago

BRIEF-Ellipsiz updates on proposed disposal of all shares in issued share capital of SV Probe

Aug 21 (Reuters) - Ellipsiz Ltd:

* Entered into a conditional sale and purchase agreement with Nidec-Read Corporation in relation to proposed disposal of Sv Probe​

* Under terms of sale and purchase agreement, aggregate consideration for proposed disposal is US$65.0 million

* Group would expect to realise an attributable net disposal gain of S$9.9 million Source text for Eikon: Further company coverage:

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