February 20, 2018 / 11:02 PM / 4 months ago

BRIEF-Pacific Current Enters Deal to Finance EAM Global Investors Equity

Feb 21 (Reuters) - Pacific Current Group Ltd:

* ENTERS DEAL TO HELP FINANCE REPURCHASE OF EAM GLOBAL INVESTORS EQUITY & RAISE STAKE IN EAM GLOBAL TO 18.75 PERCENT

* ‍EAM GLOBAL MANAGEMENT TEAM WILL ACQUIRE 11.25% OF EQUITY IN EAM GLOBAL, WHILE PAC WILL ACQUIRE AN ADDITIONAL 3.75%​

* TOTAL INVESTMENT INCLUDES US$3M OF UPFRONT CONSIDERATION & POTENTIALLY 2 DEFERRED PAYMENTS Source text for Eikon: Further company coverage: (bangalore.newsroom@thomsonreuters.com)

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