HLF halo food co. limited
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News: HLF Halo Food Co Says It Acquires Healthy Mummy

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    15/02/22
    12:40
    Post #: 59580272

    Feb 15 (Reuters) - Halo Food Co Ltd (HLF) :

    • ACQUIRES HEALTHY MUMMY
    • DEAL FOR A$17.0M
    • CO RECEIVED BINDING COMMITMENTS FOR PLACEMENT OF A$3.5 MILLION AND WILL LAUNCH SHARE PURCHASE PLAN TO RAISE UP TO FURTHER A$3 MILLION
    • ADDITIONAL FUNDING FOR ACQUISITION SECURED VIA A NEW DEBT FACILITY OF A$13.0M WITH ARROWPOINT CAPITAL
    • DEAL IMMEDIATELY ACCRETIVE TO HALO (PRE-SYNERGIES)
    • PLACEMENT AT A$0.10 PER SHARE
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