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Sverica International takes over CFWH

Sverica International, a private equity firm of approximately $41m, has completed the acquisition of The Center for Wound Healing (CFWH), a provider of comprehensive wound care treatment centers that offer wound care and hyperbaric oxygen therapy.

The shareholders of CFWH common stock are entitled to receive $0.567522 per share in cash, without interest, in the transaction at this time.

In addition, former CFWH stockholders may also be entitled to receive up to an additional $200,000 in the aggregate (approximately $0.0087 per share) that is being held in escrow for up to one year after the closing of the transaction.

The Continental Stock Transfer & Trust Company is serving as the paying agent in the transaction, said the companies.