Scientex to acquire 42.41% stake in Daibochi for MYR222.5m

Malaysian packaging services firm Scientex agreed with several vendors to acquire a 42.41% controlling stake in Daibochi for MYR222.5 million ($53.11 million), subject to a conditional share sale agreement.

“Scientex, a packaging services firm based in Malaysia, has agreed with several individual vendors to acquire a 42.41% controlling stake in Daibochi for a sum of MYR222.5m ($53.11m).”packaging-gateway.com

• 2 sources
• packaging-gateway.comDeals and M&As this week: Tetra Pak, Nestle Nespresso, Scientex News -Nov 23, 2018
• packaging-gateway.comScientex signs CSSA to buy 42.41% stake in DaibochiDec 11, 2018

Summarized from public sources; check the original articles before acting on it.