Cavitation Technologies signs deal with Luxembourg’s EGS for USD 35 million cash buyout
Reuters2026/08/17 13:01Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- European Guarantee Services signed a tender offer agreement on Aug. 14, 2026 to buy all Cavitation Technologies shares for USD 35 million cash.
- Price is subject to deductions for certain indebtedness and accrued liabilities.
- European Guarantee Services also plans a separate tender offer within five business days for Alchemy Beverages at USD 7 million cash.
- Cavitation Technologies owns about 17% of Alchemy, implying combined cash consideration of USD 42 million across both deals.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cavitation Technologies Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608170900PRIMZONEFULLFEED9811028) on August 17, 2026, and is solely responsible for the information contained therein.
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