July 4, 2019 / 2:04 PM / 2 months ago

BRIEF-Austar Lifesciences Announces Formation Of Joint Venture

July 4 (Reuters) - Austar Lifesciences Ltd:

* ANNOUNCES FORMATION OF JOINT VENTURE

* UNIT ENTERED INVESTMENT AGREEMENT WITH H+E GMBH, H+E HOLDING GMBH AND AQUARION AG TO ESTABLISH JOINT VENTURE IN GERMANY

* JOINT VENTURE WILL BE OWNED BY GROUP AS TO 51%

* UNDER FORMATION OF JOINT VENTURE, CAPITAL CONTRIBUTION BY GROUP TO JOINT VENTURE WILL BE EUR1.5 MILLION IN CASH Source text for Eikon: Further company coverage:

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