Home News Court orders Skye, First banks to takeover Evans Medical

Court orders Skye, First banks to takeover Evans Medical

by adminV
Evans

A Federal High Court has granted Skye Banks and First Bank an ex-parte to takeover Evans Medical PLC.

A letter shared by the management of Evans revealed that the order was granted because the company was used as collateral in a deal by the organisation.

Evans

Evans letter

The letter further revealed that the board has commenced discussions with their lenders to reach an amicable agreement by all parties involved.

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