Independent Adviser(s): Northington Partners (Rule 18)

Offer Date: 14/06/2013

Summary of transaction:

On 14 June 2013, EBOS Group Limited ("EBOS") held a special meeting of shareholders. At the meeting, EBOS shareholders approved the allotment of EBOS shares to Zuellig Group ("Zuellig") as part-consideration for EBOS' acquisition of Zuellig Healthcare Holdings Australia Pty Limited (Symbion).

Key terms:

  • The purchase price for the transaction was NZ$865 million which was to be paid to Zuellig via two components:

    • The issue of fully paid ordinary shares in EBOS (such that Zuellig would hold 40% of the total shares on issue in EBOS on completion of the transaction - valued at approximately NZ$498 million at the time).

    • A cash payment of NZ$367 million.