Benchmark Holdings $342 million acquisition of INVE Aquaculture Holding

Overview:

• Benchmark Holdings has acquired INVE Aquaculture Holding for $342 million from The Royal Bank of Scotland and Rabo Investments.
• The company will pay $300 million in cash and $42 million in shares.
• The deal is being financed via loan facilities taken out by HSBC and Rabobank and the issue of 215,922,141 shares, raising £185.7 million.
• INVE Aquaculture Holding specialises in health products for aquaculture.

Rani Mehta - Journalist