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Next Science to Sell Majority Assets for US$50m, Plans Shareholder Payout
8:41am on Tuesday 1st of July, 2025 AEST
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Healthcare
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Next Science to Sell Majority Assets for US$50m, Plans Shareholder Payout
8:41am on Tuesday 1st of July, 2025 AEST
Key Points
Binding agreement to sell majority assets to Demetra Holdings for US$50 million
Estimated US$30 million net proceeds to be returned to shareholders
Transaction excludes DME business assets
Shareholder approval required under ASX Listing Rule 11.2
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