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Bids, Mergers and Takeovers

600 Group to acquire remaining shares of TYKMA

30 March 2016 12:00

The 600 Group has announced that it has agreed the acquisition of the remaining 20% of TYKMA, the US based laser marking business it acquired 80% of in February 2015.

The consideration will be satisfied by the issue of 12,000,000 1p ordinary shares in the Group and USD1.8m in cash. The cash consideration will be funded by increased facilities from Bank of America.

At 12:00pm: (LON:SIXH) 600 Group The PLC share price was +0.75p at 8.13p

Story provided by StockMarketWire.com

Related Company: SIXH

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