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Xebec Completes Transformative Acquisition of HyGear - Press Release

MONTREAL, Dec. 31, 2020 (GLOBE NEWSWIRE)
Xebec Adsorption Inc. (TSXV: XBC) (“
Xebec” or the “
Corporation”), a global provider of clean energy solutions, is pleased to announce that it has closed its previously announced acquisition of Green Vision Holding B.V., the parent company of HyGear Technology and Services B.V. (“
HyGear”) for aggregate consideration of €82.0 million (approximately $127.3 million) and the assumption of €18.4 million (approximately $28.6 million) in net debt (the “
Acquisition”). The purchase price for the Acquisition was satisfied by way of a cash payment in the amount of €42.0 million (approximately $65.2 million) and the issuance of 10,014,364 common shares of Xebec.
HyGear was founded in 2002 in Arnhem, The Netherlands, as a clean-tech company specializing in the on-site production and recovery of industrial gases. HyGear is an emerging developer, manufacturer, and supplier of technology and products fo ....

United States , Kurt Sorschak , Brandon Chow , Victor Henriquez , Company Canada , Servicesbv Hygear , Norton Rose Fulbright Canada , Hygear Technology , National Bank Financial Inc , Green Vision Holding , Beacon Securities , Canaccord Genuity Group Inc , Venture Exchange , Stifel Nicolaus Canada Inc , Hoskin Harcourt , Td Securities Inc , Stikeman Elliott , Raymond James Ltd , Xebec Adsorption Inc , North America , Xebec Adsorption , Desjardins Capital Markets , Beacon Securities Limited , Stifel Nicolaus Canada , Subscription Receipt , Placement Subscription Receipt ,

Xebec Completes Transformative Acquisition of HyGear

MONTREAL, Dec. 31, 2020 (GLOBE NEWSWIRE)
Xebec Adsorption Inc. (TSXV:XBC) (
Xebec or the
Corporation ), a global provider of clean energy solutions, is pleased to announce that it has closed its previously announced acquisition of Green Vision Holding B.V., the parent company of HyGear Technology and Services B.V. (
HyGear ) for aggregate consideration of €82.0 million (approximately $127.3 million) and the assumption of €18.4 million (approximately $28.6 million) in net debt (the
Acquisition ). The purchase price for the Acquisition was satisfied by way of a cash payment in the amount of €42.0 million (approximately $65.2 million) and the issuance of 10,014,364 common shares of Xebec.
HyGear was founded in 2002 in Arnhem, The Netherlands, as a clean-tech company specializing in the on-site production and recovery of industrial gases. HyGear is an emerging developer, manufacturer, and supplier of technology and products for the production, ....

United States , Kurt Sorschak , Brandon Chow , Victor Henriquez , Company Canada , Servicesbv Hygear , Norton Rose Fulbright Canada , Hygear Technology , National Bank Financial Inc , Green Vision Holding , Beacon Securities , Canaccord Genuity Group Inc , Venture Exchange , Stifel Nicolaus Canada Inc , Hoskin Harcourt , Td Securities Inc , Stikeman Elliott , Raymond James Ltd , Xebec Adsorption Inc , North America , Xebec Adsorption , Desjardins Capital Markets , Beacon Securities Limited , Stifel Nicolaus Canada , Subscription Receipt , Placement Subscription Receipt ,

Xebec announces acquisition of HyGear, Inmatec | Biomassmagazine.com

Xebec announces acquisition of HyGear, Inmatec | Biomassmagazine.com
biomassmagazine.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from biomassmagazine.com Daily Mail and Mail on Sunday newspapers.

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Closing details HyGear/Xebec transaction

Closing details HyGear/Xebec transaction
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Dit artikel delen
ARNHEM, Netherlands, Dec. 30, 2020 /PRNewswire/
With reference to the press release dated December 8, 2020 announcing that HyGear s shareholders had entered into an agreement (the Agreement ) for the company to be acquired by Xebec Adsorption Inc. (TSXV: XBC), a global provider of clean energy solutions from Montreal, Canada., HyGear now provides further details on the closing of the transaction.
December 31
st, 2020 is the last trading date of depository receipts and warrants in HyGear on NPEX
Taken into consideration that all conditions precedent to closing are fulfilled, the closing of the transaction is scheduled to occur on December 31, 2020 (the Closing ). December 31, 2020 will therefore be the last trading date, following which HyGear s parent company, Green Vision Holding s ( HyGear ) depository receipts (the Depository Receipts (ISIN code NL0012751218) as w ....

United States , Stichting Administratiekantoor Hygear , Loyens Loeff , Xebec Adsorption Inc , Green Vision Holding Hygear , Venture Exchange , Xebec Adsorption , Green Vision Holding , Depository Receipts , Xebec Europe , Cash Portion , Depository Receipt , Stichting Administratiekantoor , North America , ஒன்றுபட்டது மாநிலங்களில் , துணிகர பரிமாற்றம் , பச்சை பார்வை வைத்திருத்தல் , பணம் போர்ஶந் , வைப்புத்தொகை ரசீது , வடக்கு அமெரிக்கா ,

Closing details HyGear/Xebec transaction | ANP Pers Support | De kortste weg naar publiciteit

Closing details HyGear/Xebec transaction | ANP Pers Support | De kortste weg naar publiciteit
perssupport.nl - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from perssupport.nl Daily Mail and Mail on Sunday newspapers.

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