June 1 (Reuters) - ALS Ltd (ALQ) :
- Says received an indicative and non- binding, and highly conditional proposal from Advent International and Bain Capital
- Says agreement to acquire all of the shares in the company by way of a scheme of arrangement
- Board of ALS, having reviewed proposal with company's advisers, has unanimously rejected the approach as it significantly undervalues the co
- Under the proposal advent and bain would provide cash consideration of $5.30 per ALS share which will not be adjusted for $0.06 FY 2016 final dividend
News: ALQ ALS received indicative and non-binding proposal from Advent International and Bain...
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Last
$14.02 |
Change
-0.080(0.57%) |
Mkt cap ! $6.793B | |||
| Open | High | Low | Value | Volume |
| $14.01 | $14.12 | $13.98 | $10.61M | 754.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3068 | $14.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.11 | 206 | 3 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| ALQ (ASX) Chart |