LONDON, UK: HeiQ Plc has acquired 100% of the share capital and voting rights of Life Material Technologies Limited, Hong Kong for an upfront consideration of $6.45 million, a news release said. Of total consideration $2.55 million is payable in cash and US$3.9 million to be satisfied through the issue of new ordinary shares by…
All posts tagged HeiQ Plc
HeiQ Plc acquires Germany based RAS AG for €5.1 million
LONDON: HeiQ Plc has acquired 100% of the share capital and voting rights of RAS AG, Regensburg, Germany. The Acquisition is for a consideration of €5.1 million, with €1.25 million payable in cash and €3.85 million through the issue of 1,701,821 new ordinary shares by HeiQ. It includes an additional earn out consideration dependent on…
HeiQ Plc to acquire 51% of Chrisal for €7.5 million
LONDON: HeiQ Plc has signed an agreement to acquire 51% of the share capital and voting rights of Chrisal N.V., Belgium for a consideration of €7.5 million, with €5.0 million payable in cash and €2.5 million through the issue of 1.101 million new ordinary shares by HeiQ. On completion, Chrisal will be renamed HeiQ Chrisal.…