Dec 3 (Reuters) - Graincorp Ltd (GNC) :
- HAS RECEIVED A NON-BINDING, INDICATIVE PROPOSAL FROM LONG-TERM ASSET PARTNERS PTY LTD
- PROPOSAL INVOLVES AN ACQUISITION, VIA SCHEME OF ARRANGEMENT, OF 100% OF SHARES IN GRAINCORP FOR CASH CONSIDERATION OF $10.42 PER SHARE
- CO'S BOARD HAS DETERMINED WILL ENGAGE WITH LTAP IN CONTEXT OF ONGOING PORTFOLIO REVIEW TO ASSESS MERITS OF LTAP PROPOSAL
- BOARD NOTES PROPOSAL INVOLVES SIGNIFICANT LEVERAGE OF $3.2 BILLION ACQUISITION FACILITIES FROM GOLDMAN SACHS,$400 MILLION FROM WESTBOURNE CAPITAL
Source text (http//reut.rs/2EbbvRQ)
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Last
$7.76 |
Change
-0.080(1.02%) |
Mkt cap ! $1.725B | |||
| Open | High | Low | Value | Volume |
| $7.84 | $7.86 | $7.74 | $7.271M | 933.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22353 | $7.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.77 | 1916 | 2 |
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| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| GNC (ASX) Chart |