NAM namoi cotton limited
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News: NAM Namoi Cotton Enters Into Scheme Implementation Agreement With LDC

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    19/01/24
    12:20
    Post #: 71962105

    Jan 19 (Reuters) - Namoi Cotton Ltd (NAM) :

    • NAMOI ENTERS INTO SCHEME IMPLEMENTATION AGREEMENT WITH LDC
    • IN SCHEME, NAMOI SHAREHOLDERS WILL RECEIVE TOTAL CASH CONSIDERATION OF A$0.51 PER SHARE
    • AGREEMENT TO ACQUIRE REMAINING 83% OF ISSUED SHARES IN NAMOI COTTON IT DOES NOT CURRENTLY OWN
    • IMPLEMENTATION OF SCHEME IS EXPECTED IN MID-2024
    • SCHEME IMPLEMENTATION AGREEMENT WITH LOUIS DREYFUS COMPANY ASIA PTE
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