SYDNEY (Reuters) -EBOS Group’s major shareholder Sybos is selling down NZ$949 million ($566.74 million) worth of shares in the New Zealand-based medical equipment manufacturer, according to a term sheet by Reuters. The investor is selling 26.74 million shares at NZ$35.50 each, an 8.9% discount to the stock’s closing price on Wednesday, the term sheet showed. […]
Health
EBOS Group’s major shareholder Sybos launches NZ$949 million selldown, term sheet shows
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SYDNEY (Reuters) -EBOS Group’s major shareholder Sybos is selling down NZ$949 million ($566.74 million) worth of shares in the New Zealand-based medical equipment manufacturer, according to a term sheet by Reuters.
The investor is selling 26.74 million shares at NZ$35.50 each, an 8.9% discount to the stock’s closing price on Wednesday, the term sheet showed.
EBOS did not immediately respond to a request for comment from Reuters.
($1 = 1.6745 New Zealand dollars)
(Reporting by Scott Murdoch; Editing by Muralikumar Anantharaman)