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July 1 (Reuters) - Network Investment Holdings: SGH BIDDER TO...

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    01/07/21
    12:30
    Post #: 54205736

    July 1 (Reuters) - Network Investment Holdings:

    • SGH BIDDER TO RAISE CASH OFFER FOR BORAL TO $7.30/SHARE
    • SGH BIDDER GOT ACCEPTANCES UNDER OFFER SUFFICIENT TO RAISE AGGREGATE STAKE IN BORAL SHARES TO ABOUT 29.5%
    • THE OFFER PERIOD HAS BEEN EXTENDED; NOW SCHEDULED TO CLOSE ON 15 JULY
    • SGH BIDDER TO FURTHER RAISE OFFER TO $7.40/SHARE IF IT RAISES STAKE IN BORAL TO 34.5% OR MORE BEFORE 7 JULY
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