BAL bellamy's australia limited
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News: BAL China Mengniu Dairy Co Proposes To Buy Bellamy's Australia

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    16/09/19
    08:40
    Post #: 40431328

    Sept 16 (Reuters) - China Mengniu Dairy Co Ltd 2319.HK :

    • ENTERED INTO SCHEME IMPLEMENTATION DEED WITH BELLAMY'S
    • COMPANY EXPECTS TO FINANCE PROPOSED ACQUISITION FROM A COMBINATION OF INTERNAL RESOURCES AND BANK FINANCING
    • TOTAL CONSIDERATION PAYABLE BY CO FOR SCHEME SHARES OF BELLAMY'S IS UP TO A$1.46 BILLION
    • DEAL FOR A$12.65 PER SCHEME SHARE
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