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News: MYE Metarock Group Enters Binding Agreement To Sell PYBAR Business For A$65 Mln

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    18/03/24
    09:15
    Post #: 72933633

    March 18 (Reuters) - Metarock Group Ltd (MYE) :

    • METAROCK GROUP ENTERS BINDING AGREEMENT TO SELL PYBAR BUSINESS FOR A$65 MILLION
    • ESTIMATED NET PROCEEDS FROM SALE TO CO OF A$36.3 MILLION AFTER DEDUCTING PYBAR'S OUTSTANDING DEBT AND ESTIMATED TRANSACTION COSTS
    • CASH PROCEEDS FROM TRANSACTION ARE EXPECTED TO RETURN COMPANY TO NET CASH POSITION AT COMPLETION

    (([email protected];))

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