April 7 (Reuters) - Navigator Global Investments Ltd (NGI) :
- SIGNED DEFINITIVE AGREEMENT TO ACQUIRE PASSIVE STRATEGIC OWNERSHIP INTEREST IN MARBLE CAPITAL, L.P
- DEAL FOR TOTAL CONSIDERATION OF US$100M
- INVESTMENT IS EXPECTED TO BE SLIGHTLY EPS ACCRETIVE TO NAVIGATOR IN FY23, AND HIGH TEENS EPS ACCRETIVE IN FY243
- UNDERTAKING A FULLY UNDERWRITTEN PLACEMENT TO RAISE A$47 MILLION WITH ISSUE PRICE OF A$1.55 PER PLACEMENT SHARE
- DEAL CONSIDERATION MAY BE REDUCED TO US$85M TO PROVIDE POTENTIAL OPPORTUNITY FOR A STRATEGIC CO-INVESTOR TO PARTICIPATE
- WILL ALSO UNDERTAKE A SHARE PURCHASE PLAN FOLLOWING THE PLACEMENT AT ISSUE PRICE OF A$1.55 PER SHARE
- SHARE PURCHASE PLAN WILL BE CAPPED AT A$10 MILLION
April 7 (Reuters) - Navigator Global Investments Ltd (NGI) :...
Add to My Watchlist
What is My Watchlist?