VMX valmec limited
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News: VMX Valmec Ltd Says Altrad To Acquire Valmec Limited Via Scheme Of Arrangement

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    19/07/21
    11:15
    Post #: 54598097

    July 19 (Reuters) - Valmec Ltd (VMX) :

    • ALTRAD TO ACQUIRE VALMEC LIMITED VIA SCHEME OF ARRANGEMENT-VMX.AX
    • VALMEC SHAREHOLDERS WILL RECEIVE A$0.413 PER SHARE IN CASH
    • SCHEME IMPLIES AN EQUITY VALUE FOR VALMEC OF ABOUT A$52.0 MILLION (ON A 100% BASIS)
    • VALMEC BOARD UNANIMOUSLY RECOMMENDS IN FAVOUR OF SCHEME
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