Imdex Ltd to Acquire Devico AS M&A Call Transcript
Thank you for standing by, and welcome to the Imdex Limited call for the proposed acquisition of Devico and equity raising. (Operator Instructions) I would now like to hand the conference over to Paul House, CEO. Please go ahead.
Thank you, Harmony, and good afternoon, everyone, and welcome to the call. Imdex is delighted today to announce that we've signed a binding agreement to acquire 100% of Devico. Devico is a significant mining technology service provider that operates in our industry. It's a highly significant transaction for Imdex overall, and I'm very happy to spend some time today talking you through the detail around that strategic fit.
I would ask everyone, I'll draw your attention to Slide 7 on the pack that has been provided. And I'll spend a little bit of time just walking through a couple of key messages around the proposed transaction summary. The acquisition overview is clear, and we are -- the enterprise value of the company -- of Devico, as a company, at $324 million is full and fair and stand alone,
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