Laguna Bay completed acquisition of the remaining stake in Angel Seafood for $23m.

Financials

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Transaction Value£16m

Consideration TypeCash

Capital Owned-

Capital Bid For-

EV/Sales-

EV/EBITDA-

Share Price Premium60%

One Off Charge-

bidder

Laguna Bay

target

Angel Seafood

Sources

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Tags

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aquaculture

Private Equity

Australia

Public

Farming Fishing Ranching and Plantations

Completed

Acquisition

Domestic

Friendly

Scheme

Majority

Single Bidder

Synopsis

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Laguna Bay, a private equity firm, completed acquisition of the remaining stake in Angel Seafood, an aquaculture company, for $23m. “ Board of Angel considers that it is in the best interests of Angel's shareholders to engage further with Laguna Bay on the Indicative proposal," Angel Seafood.

Laguna Bay completed acquisition of the remaining stake in Angel Seafood for $23m.

bidder

target

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