Old MAV Wind-Down Ltd. (MAVBF)
- CNW Group
MAV BEAUTY BRANDS COMPLETES SALE OF SUBSTANTIALLY ALL OF ITS ASSETS TO NEXUS CAPITAL MANAGEMENT
MAV Beauty Brands Inc. ("MAV Beauty Brands" or the "Company"), a global personal care company, today announced that it has completed the sale of substantially all of the assets of the Company and its subsidiaries to an affiliate of Nexus Capital Management LP, a Los Angeles-based private equity firm ("Nexus"). MAV Beauty Brands' operations will continue uninterrupted in the ordinary course of business.
- CNW Group
MAV BEAUTY BRANDS RECEIVES COURT APPROVAL OF SALE OF SUBSTANTIALLY ALL OF ITS ASSETS TO NEXUS CAPITAL MANAGEMENT
MAV Beauty Brands Inc. ("MAV Beauty Brands" or the "Company"), a global personal care company, today announced that it has obtained the approval of the Ontario Superior Court of Justice (Commercial List) under the Companies' Creditors Arrangement Act for the sale of substantially all of the assets of the Company and its subsidiaries to an affiliate of Nexus Capital Management LP, a Los Angeles-based private equity firm. The Company anticipates that the completion of the sale will occur on or abo
- CNW Group
MAV BEAUTY BRANDS ENTERS INTO ASSET PURCHASE AGREEMENT WITH NEXUS CAPITAL MANAGEMENT
MAV Beauty Brands Inc. ("MAV Beauty Brands" or the "Company"), a global personal care company, announced that, in order to facilitate a financial and corporate restructuring through a going-concern sale of substantially all of the assets of the Company and its subsidiaries, it has commenced voluntary proceedings under the Companies' Creditors Arrangement Act (Canada) ("CCAA") in the Ontario Superior Court of Justice (Commercial List) (the "Court").
