News: HLS Australian Clinical Labs Intends To Make Off-Market Takeover Offer To Acquire Healius

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    March 20 (Reuters) - Australian Clinical Labs Ltd (ACL) :

    • ANNOUNCES ITS INTENTION TO MAKE AN OFF-MARKET TAKEOVER OFFER TO ACQUIRE HEALIUS LIMITED
    • OFFER WILL BE MADE BY WAY OF AN OFF-MARKET TAKEOVER OFFER BY ACL TO ACQUIRE ALL OF HEALIUS SHARES ON ISSUE
    • ACL'S OFFER IS 0.74 ACL SHARES FOR EVERY 1 HEALIUS SHARE HELD
    • IF ACL SUCCESSFUL IN ACQUIRING ALL OF HEALIUS SHARES ON ISSUE UNDER OFFER, HEALIUS SHAREHOLDERS WILL HOLD ABOUT 68% OF ACL
    • ACL EXPECTS THAT ITS EBIT FOR FY23 WILL BE WITHIN RANGE OF A$68 MILLION AND A$74 MILLION
    • MATERIAL SYNERGY POTENTIAL OF A$95 MILLION BY BRINGING COMPANIES TOGETHER
    • POTENTIAL MERGED GROUP PRO FORMA FY23 EBIT OF A$361 MILLION INCLUDING EXPECTED COST SYNERGIES

    (([email protected];))

 
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