Silver Crest (SLCR) Amends Tims China Deal with New PIPE

Silver Crest (NASDAQ:SLCR) announced this morning it has made changes to its transaction with coffeehouse chain Tims China to bring in new capital to the deal while reducing its initial equity valuation by 17% to $1.4 billion. The changes add a $94.5 million PIPE to the deal with commitments from affiliates of Cartesian Capital, Restaurant Brands
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