IN BRIEF: EverArc Holdings to acquire firefighting product maker

EverArc Holdings Ltd - investment vehicle - Inks definitive agreement with SK Invictus Holdings ...

Alliance News 16 June, 2021 | 11:58AM
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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; gregroxburgh@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
EverArc Holdings Ltd Ordinary Shares 12.50 USD 0.00 -

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