News: SLC BigAir and Superloop enter into scheme implementation agreement

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    Sept 14 (Reuters) - BigAir Group Ltd (BGL) :

    • BigAir and Superloop have entered into a scheme implementation agreement
    • Says pursuant to deal Superloop will acquire 100% of the equity of BigAir
    • Superloop to fund cash consideration of upto $95 million by a placement to raise about $65 million and $75 million revolving debt facility
                            
 
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