Nov 24 (Reuters) - Primero Group (PGX) :
- TAKEOVER OFFER FOR PRIMERO GROUP LIMITED,NWH-PGX.AX
- NRW ANNOUNCES CONDITIONAL OFF-MARKET TAKEOVER OFFER OF $0.275 CASH PLUS 0.106 NRW SHARES FOR EACH PRIMERO SHARE
- UNDER OFFER, PRIMERO SHAREHOLDERS WILL RECEIVE $0.275 CASH, PLUS 0.106 NRW SHARES PER PRIMERO SHARE
- PRIMERO DIRECTORS UNANIMOUSLY RECOMMEND THAT PRIMERO SHAREHOLDERS ACCEPT OFFER
- OFFER PRICE VALUES PRIMERO AT $0.55/PRIMERO SHARE
- NRW INTENDS TO FUND CASH COMPONENT OF OFFER USING AVAILABLE CASH ON BALANCE SHEET & ACQUISITION FACILITY OF $50M PROVIDED BY BANKWEST
- IF OFFER IS SUCCESSFUL, PRIMERO SHAREHOLDERS WILL OWN ABOUT 4.4% OF PRO FORMA SHARES OF NRW
- NRW TO PROVIDE PRIMERO WITH $10 MILLION SECOND RANKING SECURED LOAN FACILITY
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Last
$4.60 |
Change
0.040(0.88%) |
Mkt cap ! $2.103B | |||
| Open | High | Low | Value | Volume |
| $4.52 | $4.62 | $4.52 | $8.758M | 1.915M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5820 | $4.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.62 | 14915 | 3 |
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