Flexible Electronics News

5N Plus to Become a Global Leader in the Production and Distribution of Specialty Metals with the Acquisition of MCP Group SA

5N Plus Inc. announced that it has entered into a definitive acquisition agreement with the shareholders of MCP Group SA to acquire substantially all of the outstanding shares of MCP.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

5N Plus Inc. announced that it has entered into a definitive acquisition agreement with the shareholders of MCP Group SA to acquire substantially all of the outstanding shares of MCP. Pursuant to the acquisition agreement, the shares of MCP will be purchased for a cash consideration of €105.8 million (CDN$141.8 million), a promissory note to the vendors of €61.9 million (CDN$82.9 million) and approximately 11.4 million common shares of the corporation to be issued to the vendors. The transac...

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