morning traders 17 / 04, page-109

OT - More of a Short to Med term hold but worth watching for dips and spikes imo. Went from $7.670 to $9.800 o/night on this ann.

DLX - DULUXGROUP BOARD UNANIMOUSLY RECOMMENDS ACQUISITION PROPOSAL BY NIPPON PAINT

•Nippon Paint Holdings Co., Ltd (‘Nippon’) proposal to acquire DuluxGroup Limited (‘DuluxGroup’) via Scheme of Arrangement for $9.80 per share in cash, inclusive of $0.15 per share interim dividend intended to be paid by DuluxGroup1

•Potential fully franked dividends included in the $9.80 of up to $0.41 per share (interim dividend of $0.15 per share per above, and special dividend(s) of up to $0.26 per share2) which would have up to $0.176 of franking credits attached for shareholders that are eligible to use them. The cash amount of the dividends will be deducted from the cash consideration.1