CIM cimic group limited
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News: CIM CIMIC Group Says Intends To Make An Offer To Acquire Devine Ltd

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    25/05/21
    10:55
    Post #: 53394125

    May 25 (Reuters) - CIMIC Group Ltd (CIM) :

    • INTENDS TO MAKE AN OFFER TO ACQUIRE ALL OF SHARES IN DEVINE THAT IT DOES NOT ALREADY OWN
    • OFFER PRICE REPRESENTS A TOTAL OUTLAY OF APPROXIMATELY $15.6 MILLION
    • TAKEOVER AT A PRICE OF $0.24 CASH PER SHARE
    • OFFER WILL BE FUNDED USING CIMIC'S AVAILABLE FUNDS OR EXISTING DEBT FACILITIES
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