CKL 0.00% 70.5¢ colorpak limited

News: CKL Colorpak says co to be acquired by Graphic Packaging International

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    Jan 12 (Reuters) - Colorpak Ltd (CKL) :

    • Colorpak to be acquired by graphic packaging international (CKL)
    • Colorpak has entered into a scheme implementation deed with Graphic Packaging International
    • Colorpak directors unanimously recommend shareholders vote in favour of the scheme subject to no superior proposal emerging
    • Colorpak shareholders to receive cash payments of $0.68 per share inclusive of a fully franked dividend of up to $0.11 per share
    • Says expected transaction completion mid-April 2016
    • Each Colorpak director intends to vote the shareholdings they control in favour of the scheme.
                        
 
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Currently unlisted public company.

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