Scheme Booklet and Independent Expert’s Report The Scheme Booklet will be released to the ASX following registration with the Australian Securities and Investments Commission (ASIC) and will also be available on Link Group’s website.
The Scheme Booklet will include a copy of the independent expert’s report prepared by Deloitte Corporate Finance Pty Limited (Independent Expert).
The Independent Expert has concluded that the Scheme is fair and reasonable and therefore in the best interests of Link Group Shareholders. The Independent Expert has assessed the value of Link Group at between $2.11 and $2.70 per Link Share. The Transaction Consideration of $2.26 cash per Link Share (comprising the scheme consideration of $2.10 per Link Share and special dividend of $0.16 per Link Share) is within this range.
The Independent Expert’s conclusion should be read in context with the full independent expert’s report and Scheme Booklet.
The Scheme Booklet, including the Independent Expert’s Report and Notice of Scheme Meeting, as well as the voting form for the Scheme Meeting is expected to be dispatched to Link Group Shareholders on 25 March 2024.
********************************************************************************************************************** A reasonable offer price of at least $2.405, the mid point of the Deloitte valuation range, should be offered by the MUFG offeror, or they should go away.
I shall be voting a big NO to the offer. ****************************************************************************************************************************
