Post by
ARIMA11 on Jul 21, 2022 1:30pm
Hmm...
https://ceo.ca/qpt?628915064c02
https://pulsenews.co.kr/view.php?sc=30800028&year=2022&no=360177
Canariabio is issuing convertible bonds worth 70 billion won to finance the deal, along with 20 billion won pooled from its affiliated entities.
As pointed out by Zippo on CEO.ca, Canaribio continues to acquire companies. This time in the feed business. The way they make that acquisition is also through a convertable bonds. 90B this time.
In comparison the QPT deal is small potatoes but reading this is not comforting.
Comment by
G1945V on Jul 21, 2022 1:38pm
Thanks ARIMA11, for the explanation. I did email Pierre Vermette. Have not heard back as yet. G1945V
Comment by
PosNeg1 on Aug 17, 2022 4:39pm
10 Yrs is a joke, $ due from Korea by end of August. Lets see what happens
Comment by
G1945V on Sep 13, 2022 8:48am
By now you would think that our CEO (Madi R. Madiyalakan) would step up to the plate to reassure us that all is well and that the deal OncoQuest made is still on track, seeing that he is the CEO of both Quest and OncoQuest. What's he really up to? What is really going on? G1945V