MAI 0.00% $2.80 mainstream group holdings limited

News: MAI Mainstream Says Unsolicited Non-Binding Offer Received For $2.35 Cash Per Share

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    April 29 (Reuters) - Mainstream Group Holdings Ltd (MAI) :

    • UNSOLICITED NON-BINDING OFFER RECEIVED FOR $2.35 CASH PER SHARE
    • SS&C SCHEME CONSIDERATION SUBSEQUENTLY INCREASED TO $2.35 CASH PER SHARE
    • REVISIONS TO SCHEME IMPLEMENTATION DEED WITH SS&C TO REFLECT INCREASED PRICE
    • RECEIVED AN UNSOLICITED NON-BINDING OFFER FROM GLOBAL FUND ADMINISTRATOR APEX GROUP LIMITED
    • HAS TERMINATED ANY DISCUSSIONS WITH APEX
    • REVISED SCHEME WITH SS&C AGREES MORE FAVOURABLE TERMS TO MAINSTREAM
    • CONCLUDED THAT REVISED SCHEME IS IN BEST INTERESTS OF CO'S SHAREHOLDERS

    Source text https://bit.ly/32ZlpQY

    (([email protected];))

 
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