March 30 (Reuters) - DUET Group (DUE) : Deal for $205 million...

  1. 193,698 Posts.
    lightbulb Created with Sketch. 2825

    March 30 (Reuters) - DUET Group (DUE) :

    • Deal for $205 million
    • Acquisition of remaining 20% of DBP and capital raising
    • To fund acquisition duet has launched fully underwritten $200 mln capital raising via placement, non-underwritten stapled security purchase plan
    • Deal not expected to materially change Duet's current proportionate earnings per stapled security forecast for FY16 to FY18
    • Reached agreement with alcoa of Australia (Alcoa) to acquire Alcoa's 20% interest in DBP for $205 million
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.