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Shenzhen Hepalink Pharmaceutical Co Ltd's subsidiary to acquire SPL Acquisition Corp. from American Capital, Ltd and other shareholders

Thursday, 26 Dec 2013 07:00pm EST 

American Capital, Ltd:Shenzhen Hepalink Pharmaceutical Co Ltd will fully acquire SPL Acquisition Corp. (SPL) for cash consideration of $222,651,700, or about 1,368,862,700 yuan, through its US-based wholly owned subsidiary, HEPALINK USA INC.Shenzhen Hepalink Pharmaceutical will acquire SPL from American Capital, Ltd., American Capital Equity I, LLC, American Capital Equity II, LP, and 13 individual shareholders.Shenzhen Hepalink Pharmaceutical will also pay $108,173,300, or about 665,049,400 yuan to the creditors of SPL to pay off part of the debt of SPL.American Capital, Ltd holds a 51.06 pct stake in SPL Acquisition Corp. 

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28 Aug 2014