Reuters logo
BRIEF-Biox extends bridge note
May 16, 2017 / 12:15 AM / 7 months ago

BRIEF-Biox extends bridge note

May 15 (Reuters) - Biox Corp:

* Biox extends bridge note and announces that it has received a non-binding offer regarding an acquisition by its principal shareholder group

* Proposal where CFFI Group would acquire all common shares of company not owned by CFFI Group for consideration of C$1.23 per share

* Board of directors has determined to proceed with negotiating definitive transaction agreements for proposed transaction

* Board formed a special committee of independent directors at outset of discussions with CFFI Group to review acquisition proposals Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below