Molten Ventures Seals Endomag Deal, Launches Buyback
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Molten Ventures Seals Endomag Deal, Launches Buyback

Molten Ventures (GB:GROW) has released an update.

Molten Ventures has successfully closed the sale of medical technology company Endomag to Hologic, Inc, with transaction proceeds surpassing their holding value, leading to a significant return on investment. In line with its capital allocation strategy, the firm has initiated a £10 million share buyback program and secured a new £180 million debt facility to replace the existing one, aiming to strengthen its financial structure for future investments.

For further insights into GB:GROW stock, check out TipRanks’ Stock Analysis page.

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