ITG 0.00% 90.0¢ intega group limited

ITG takeover by Kiwa

  1. 471 Posts.
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    Fresh from the AFR - Intega about to be taken over by Kiwa, payout 90 cents a share (58% premium on the last closing price).

    I'm happy with that ovver, and I'm sure Crescent is. Now just for Cardno to get similar offer for ~ $2...

    ITG takeover offer should be officially announced any minute (certainly before the trade opens for the day).

    https://www.copyright link/street-talk/asx-listed-intega-signs-400m-takeover-european-buyer-20211003-p58wr4
    ASX-listed Intega signs $400m takeover, European buyer

    Construction materials testing company Intega’s strategic review has come to a head, finding a $400 million payday for shareholders.It is understood Intega’s board has signed a deal to sell the company to Netherlands based Kiwa, which wants to add Intega’s US and Australian footprint to its core European testing business.The deal valued Intega at 90¢ a share, which was a 58 per cent premium to its last close, and $400 million on an enterprise value basis....
 
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Currently unlisted public company.

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