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News: DWS DWS Ltd updates on proposed acquistion of SMS Management & Technology

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    04/05/17
    20:10
    Post #: 24482172

    May 4 (Reuters) - Dws Ltd (DWS)

    • Refers to announcement earlier today by SMS Management & Technology
    • Court approved convening of scheme meeting for 14 june 2017
    • Under scheme, cash component of scheme consideration will be reduced by cash value of any special dividend paid to sms shareholders
    • Under scheme of arrangement, it is proposed that DWS will acquire 100% of issued share capital of SMS
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