Foraco Ends Investor Rights Agreement, Boosts Liquidity
Company Announcements

Foraco Ends Investor Rights Agreement, Boosts Liquidity

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.

For further insights into TSE:FAR stock, check out TipRanks’ Stock Analysis page.

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