Foraco International (TSE:FAR) has released an update.
Foraco International SA has announced the automatic termination of its Investor Rights Agreement following the sale of shares by Oaktree and Kartesia, leading to Jean Diercxsens’ resignation from the Board. The company’s CEO, Tim Bremner, expressed positivity about the event’s impact on Foraco’s share liquidity, considering it beneficial for all shareholders.
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