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Comvita Limited — Capital/Financing Update 2019
Jul 3, 2019
66182_rns_2019-07-03_78e561cb-70e0-46ed-97d2-b6207789ea55.pdf
Capital/Financing Update
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3 July 2019
Completion of acquisition of remaining 49% of China Joint Venture
Comvita (NZX:CVT) confirms that effective 30 June 2019, the acquisition of the remaining 49% of its China Joint Venture; Comvita Food (China) Limited and Comvita China Limited, is now complete.
The process is currently underway to release the shares from escrow in accordance with the Escrow Deeds and for the cash consideration to be paid.
For details of the acquisition of the remaining 49% of the China Joint Venture, refer to announcements dated 10 April 2019, 30 April 2019 and 31 May 2019.
Ends
For further information: Comvita Chair, Neil Craig, 021 731 509 Comvita CEO, Scott Coulter, 021 386 988
About Comvita (www.comvita.co.nz)
Comvita is a global natural health products company committed to the development of innovative products, backed by ongoing investment in scientific research.