VGI Partners Ltd. (AU:RPL) has released an update.
Regal Partners Limited has successfully negotiated the purchase of certain limited liability membership interests and the settlement of deferred contingent consideration related to its acquisition of a 50% stake in Taurus SM Holdings Pty Limited. The deal, valued at US$15.9 million, eliminates the need for future payments to the vendor and is expected to be completed soon. This strategic move enhances Regal’s position in the financing solutions sector for mid-tier and junior mining companies and contributes to its funds under management growth.
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