M&A
confidence high
sentiment neutral
materiality 0.40
Yunhong CTI closes sale of Flexo Universal equity interest for $500,000
YUNHONG GREEN CTI LTD.
- Transaction closed on October 28, 2021; $100,000 paid at closing.
- Remaining $400,000 due in installments over 12 months post-closing.
- Installment obligations secured by Flexo assets and guaranties from Buyer and Pablo Gortazar.
- Buyer Kingman Distributions becomes majority owner of Flexo.