Source: News Bites
SAI Global Ltd is seeking to compulsorily acquire the remaining 0.8% of Espreon Ltd, following the company reaching 99.2% of ownership after the acquisition of Vectis's 36.4% shareholding in Espreon.
The consideration for the 34.5 million Espreon shares acquired from Vectis comprised a cash payment of $11.7 million and 3.3 million new SAI Global shares.
STOCK DASHBOARD: December 18, 2009
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