Aug 12 (Reuters) - Nine Entertainment Co Holdings Ltd (NEC) :
- ANNOUNCES A $1.46 PER SHARE ALL-CASH OFF-MARKET TAKEOVER OFFER (OFFER) TO ACQUIRE ALL OF OUTSTANDING SHARES IN MACQUARIE MEDIA
- BRINGING TWO BUSINESSES TOGETHER WILL REALISE FURTHER ANNUALISED SYNERGIES OF MORE THAN $10 MILLION
- ACQUISITION WILL BE 100% FINANCED FROM CASH RESERVES AND EXISTING DEBT FACILITIES
- OFFER EQUATES TO ENTERPRISE VALUE OF $275.4 MILLION, INCLUSIVE OF MRN'S 30 JUNE NET DEBT OF $22 MILLION, PAYMENT OF AUGUST DIVIDEND
- OFFER THROUGH UNIT FAIRFAX MEDIA LTD
News: NEC Nine Entertainment Announces Offer To Acquire Macquarie Media
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Last
$1.15 |
Change
-0.065(5.38%) |
Mkt cap ! $2.695B | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.16 | $1.09 | $8.081M | 6.990M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 59598 | $1.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.15 | 88798 | 15 |
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