CIM cimic group limited
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News: CIM CIMIC Appoints Independent Board Committee To Evaluate Hochtief Bid

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    24/02/22
    10:35
    Post #: 59783504

    Feb 24 (Reuters) - CIMIC Group Ltd (CIM) :

    • RESPONSE TO HOCHTIEF TAKEOVER OFFER
    • APPOINTED AN INDEPENDENT BOARD COMMITTEE TO EVALUATE AND RESPOND TO TAKEOVER BID
    • CIMIC SHAREHOLDERS SHOULD NOT TAKE ANY ACTION IN RESPECT OF TAKEOVER BID AT THIS STAGE
    • IBC, IN CONSULTATION WITH ITS INDEPENDENT ADVISERS, WILL CONSIDER PROPOSED OFFER AND UPDATE SHAREHOLDERS IN DUE COURSE
    • HOCHTIEF INDICATED IT EXPECTS TO DISPATCH BIDDER'S STATEMENT ON OFFER TO ALL CIMIC SHAREHOLDERS ON OR AROUND 9 MARCH
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