Following the signing of a share purchase agreement between Abénex Capital and RG Safety’s shareholders, Salvepar has confirmed that the transaction is to be closed at a price in line with the net asset value as at 31 December 2012 and at a significant premium to the net book value.
In addition, the proposed transaction will include a price supplement, which will be determined during the course of 2013.
Salvepar could receive an additional amount as a function of this supplement.
Closing is expected to take place in May.