Jan 21 (Reuters) - 3P Learning Ltd (3PL) :
- ENTERED NON-BINDING TERM SHEET TO PURSUE 3PL AND BLAKE MERGER PROPOSAL
- UNDER TERM SHEET CO WILL ACQUIRE 100% OF EQUITY IN BLAKE IN EXCHANGE FOR 137 MILLION SHARES IN 3PL
- ON COMPLETION, OWNERS OF BLAKE TO HOLD 49.5% OF SHARES ISSUED IN 3PL
- DEAL IMPLIES PURCHASE PRICE OF $185 MILLION ASSUMING $1.35 ISSUE PRICE
- ON COMPLETION OF DEAL, JOSE PALMERO, CURRENTLY CEO OF BLAKE, WILL BECOME INTERIM CEO OF 3PL
- POST TRANSACTION, MATTHEW SANDBLOM, FOUNDER & EXEC CHAIRMAN OF BLAKE, TO JOIN 3PL BOARD AS NON-EXEC CHAIRMAN
News: 3PL 3P Learning Enters Non-Binding Term Sheet To Pursue Blake Merger Proposal
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Last
64.5¢ |
Change
-0.030(4.44%) |
Mkt cap ! $176.0M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.0¢ | 60.0¢ | $2.914M | 4.738M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11571 | 56.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 64.5¢ | 4050 | 1 |
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| Last trade - 16.10pm 12/09/2025 (20 minute delay) ? |
| 3PL (ASX) Chart |