April 1 (Reuters) - Flat Glass Industries Ltd (FGI) :
- Intention to make takeover bid (FGI)
- Proposed takeover bid for Flat Glass Industries Limited
- Mhg Flat Glass Holdings pty. limited (mhg) has executed a takeover bid implementation deed with fgi
- The offer will be at a cash price of $0.10 (ten cents) per fgi share (offer price)
- Mhg will make an off-market takeover bid for all the shares in fgi (the offer).
- Each fgi director intends to accept offer in respect of fgi shares they own or control, in absence of superior proposal