25/03/2020
A. SORIANO Corp (Anscor) has sold the entirety of its stake in Cirrus Medical Staffing, Inc. (CMSI) for $36.85 million, it told the stock exchange on Friday.
The transaction was made after the listed firm’s wholly owned subsidiary IQ Healthcare Investments Limited, based in the British Virgin Islands, entered into a merger agreement with United States-based Webster Capital Management LLC for the sale of CMSI, which Anscor acquired back in 2008.
The deal involves 93.55% of the company’s shares in CMSI, which owns 100% of Cirrus Holdings USA, LLC, a company station in North Carolina with core interests in the contract and temporary staffing and permanent placement of nurses and allied healthcare professionals in the United States.
