Directa Plus gets €1 million loan for Setcar acquisition
Directa Plus has entered a €1 million loan agreement with Nant Capital LLC. The funding will be used to complete the final payment for the acquisition of Setcar SA. Directa Plus previously agreed to buy a stake in Setcar, the group’s environmental services subsidiary, for €1.5 million, which took Directa Plus’ holding to just under 100%.
Nant is owned by Patrick Soon-Shiong, and together with Soon-Shiong it holds 28.73% of the share capital of Directa Plus.
Source: https://www.graphene-info.com/directa-plus-gets-1-million-loan-setcar-acquisition
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