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0.58% $10.36 pacific current group limited

Sept 19 (Reuters) - Pacific Current Group Ltd (PAC) : PACIFIC...

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    19/09/23
    09:40
    Post #: 69911071

    Sept 19 (Reuters) - Pacific Current Group Ltd (PAC) :

    • PACIFIC CURRENT GROUP INVESTS IN AVANTE CAPITAL PARTNERS
    • ENTERED INTO A DEFINITIVE AGREEMENT TO PURCHASE A MINORITY EQUITY STAKE IN AVANTE CAPITAL PARTNERS
    • PAC IS ACQUIRING A 24.9% EQUITY INTEREST IN AVANTE FOR UP TO US$40 MILLION
    • ESTIMATES ITS INVESTMENT WILL YIELD BETWEEN US$1.5M - US$2.5M FROM MANAGEMENT FEES IN CY24
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