Sybos selling $949m in Ebos shares, stock price falls

Ebos Group distributes pharmaceuticals, medical supplies, and pet products across Australasia. (Image: Getty)

Thu, 29 May 2025

The largest shareholder in New Zealand-based healthcare and animal care company Ebos is selling $949 million worth of shares to redeploy capital into other growth opportunities.DiscountA substantial product holder notice issued by Ebos to the NZX and ASX on Wednesday said Sybos had entered into an agreement with UBS to manage and underwrite the sale of 26,740,177 shares in Ebos for $35.50 per share, an 8.81% discount on its $38.93 share price.Ebos’ share price fell about $2.50 following the announcement to $36.40.On Thursday Ebos posted t...

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