Alaris announces firm intention with consortium for buy-out offer, delisting

Radio frequency technology group Alaris Holdings has announced that a consortium plans to make an offer to acquire the entire issued share capital of Alaris, excluding treasury shares, not already held, and delist the company from the JSE. The consortium, comprising Tadvest, CRH Investments, Conexus Capital Growth Fund Trust, Brazen Force Investments, acting as trustees for the Brazen Force Investment Trust, Nguni Investments and Chauke Investments, entered into an offer and implementation agreement with Alaris.

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