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Comvita Acquires Apiter Stake.pdf

cvt-increase-shareholding-in-apiter-sa.pdf
Preview of Comvita Acquires Apiter Stake
🔗 Source: cdn.comvita.com
📊 Size: 566 KB
👤 Author: Esther McGreevy
⬇️ Downloads: 97

Summary

Comvita Limited has acquired an additional 12% of Apiter S.A. for US$2M, increasing their total holding to 32%. Apiter S.A. is a leading producer of propolis, a key component of Comvita's product portfolio, and has been a supplier to Comvita for 10 years. The investment aims to support Apiter S.A. amid short-term cash flow challenges caused by Covid lockdowns, with Comvita CEO David Banfield citing positive future prospects for the company.

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Description

Comvita Limited has acquired an additional 12% of Apiter S.A. for US$2M, increasing their total holding to 32%. Apiter S.A.

Technical Information

  • File Format: PDF
  • File Size: 566 KB
  • Pages: 1
  • Language: EN
  • Author: Esther McGreevy
  • Total Downloads: 97
  • Last Updated: 1 week ago

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This PDF document about Comvita Acquires Apiter Stake provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Comvita Acquires Apiter Stake.

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Comvita guideComvita tutorialAcquires guideAcquires tutorialApiter guideApiter tutorialStake guideStake tutorial

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