MERGER AND ACQUISTIONMerger And • August 7th, 2023
Syrma SGS Technology Limited (NSEI:SYRMA) entered into agreement to acquire 51% stake in Johari Digital Healthcare Ltd. from Satyendra Johari, Nisha Johari, Pooja Johari, Reena Daga, Tejas Shah, Sasa Simic and Satyendra Johari HUF for INR 280 million on August 1, 2023. The sellers will retain the remaining 49% stake. Johari Digital reported turnover of approximately INR 1.6 billion, net worth of approximately INR 1 billion, EBITDA of 580 million and net profit of approximately INR 435 million on March 31, 2023. Syrma and the Sellers have the right to nominate up to 3 directors and up to 3 directors respectively. The transaction is expected to close on September 30, 2023.
Grupo Financiero Galicia S.A. CUIT: 30-70496280-7 GRUPO FINANCIERO GALICIA S.A. DU-SNER S.A. AND FEDLER S.A. SPIN-OFF-MERGER AND EXCHANGEMerger And • April 20th, 2021 • Grupo Financiero Galicia Sa • Commercial banks, nec
In connection with that certain Spin-Off-Merger transaction (the “Transaction”), by and among Grupo Financiero Galicia S.A. (“GFG”), Dusner S.A. (“Dusner”) and Fedler S.A. (“Fedler” and, together with Dusner, the “Exchanging Entities”), we hereby write to inform the shareholders of the Exchanging Entities that, in accordance with (i) the resolutions adopted by GFG at the Extraordinary Shareholders’ Meeting of GFG held on November 10, 2020, and (ii) the authorizations granted by the Argentine Securities and Exchange Commission and Bolsas y Mercados Argentinos S.A., as of April 26, 2021, 47,927,494 (forty-seven million nine hundred twenty-seven thousand and four hundred ninety-four) Class “B” shares of GFG, each with a nominal value of Ps. 1 and the right to 1 vote per share, will be credited in the register of book-entry shares administrated by Caja de Valores S.A. to the Exchanging Entities in exchange for the issued and outstanding shares of the Exchanging Entities in the correspondin
