News: CGC Costa Group Says Paine Schwartz Partners Put A Revised Non-Binding Offer Of A$3.20 Per...

Sept 18 (Reuters) - Costa Group Holdings Ltd (CGC) :

• UPDATE ON NON-BINDING INDICATIVE PROPOSAL FROM PAINE SCHWARTZ PARTNERS
• PSP PUT FORWARD A REVISED NON-BINDING OFFER OF A$3.20 PER SHARE
• PSP HAS ALSO INDICATED THAT THIS OFFER IS BEST AND FINAL PRICE AT WHICH PSP-LED CONSORTIUM CAN DELIVER PROPOSED TRANSACTION
• CONTINUES TO BE NO CERTAINTY THAT BINDING OFFER WILL BE RECEIVED OR THAT ANY TRANSACTION WILL EVENTUATE
• COSTA BOARD IS CONSIDERING REVISED NON-BINDING OFFER