Feb 26 (Reuters) - Aussie Broadband Ltd (ABB) :
- NON-BINDING INDICATIVE PROPOSAL TO MERGE WITH SUPERLOOP
- SUBMITTED A NON-BINDING INDICATIVE PROPOSAL WHICH WOULD RESULT IN ABB OWNING 100% OF ISSUED SHARE CAPITAL IN SUPERLOOP
- UNDER THE INDICATIVE PROPOSAL, SUPERLOOP SHAREHOLDERS WOULD RECEIVE 0.21 ABB SHARES FOR EACH SUPERLOOP SHARE HELD
- DEAL IMPLIES A TOTAL VALUE TO SUPERLOOP SHAREHOLDERS OF A$0.95 PER SHARE
- NOTES THERE IS NO CERTAINTY THE INDICATIVE PROPOSAL WILL RESULT IN ANY TRANSACTION
- HAS ALSO ACQUIRED A 19.9% RELEVANT INTEREST IN SUPERLOOP AT A$0.95 IN CASH PER SHARE
- AT THIS TIME, AUSSIE BROADBAND SHAREHOLDERS DO NOT NEED TO TAKE ANY ACTION IN RELATION TO THE INDICATIVE PROPOSAL
News: SLC Aussie Broadband Announces Non-Binding Indicative Proposal To Merge With Superloop
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Last
$2.85 |
Change
-0.140(4.68%) |
Mkt cap ! $1.459B | |||
| Open | High | Low | Value | Volume |
| $2.94 | $2.94 | $2.70 | $13.59M | 4.812M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19555 | $2.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.94 | 9487 | 2 |
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