View More
Test New Deal Banner

Merger : Cardia Bioplastics/Stellar Films Group

Posted: November 28, 2014 | Industrials | Asia Pacific

Deal Feed International Reports: Cardia Bioplastics to merge with Stellar Films Group

Press Release:

Under the terms of the proposed merger, Cardia Bioplastics will acquire all of the shares and units issued in Stellar Films and issue ordinary shares in Cardia Bioplastics to the owners of Stellar Films. Following completion of the proposed merger, it is currently anticipated that Cardia shareholders will own 42% of the merged group and the owners of Stellar Films will own 58% of the merged group.

Deal details sourced by the Deal Feed Team from Packaging News. (Opens in new window)

If you have any additional information about this or any other report featured on Deal Feed please email, [email protected], to contact our Deal Team.