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Wellnex Life Agrees to Sell Pain Away for Up to A$21.3 Million
4:35pm on Thursday 6th of August, 2026 AEST
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Healthcare
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Wellnex Life Agrees to Sell Pain Away for Up to A$21.3 Million
4:35pm on Thursday 6th of August, 2026 AEST
Key Points
Binding agreement with Mentholatum for Pain Away sale
Up to A$21.3 million consideration including earn-out
Sale proceeds to fully repay A$10.2 million debt
Shareholder approval required, meeting set for 8 September
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