HRL hrl holdings ltd
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News: HRL HRL Holdings Says Entered Into Bid Implementation Agreement With ALS Ltd

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    30/06/22
    11:55
    Post #: 62293375

    June 30 (Reuters) - HRL Holdings Ltd (HRL) :

    • ENTERS INTO BID IMPLEMENTATION AGREEMENT WITH ALS LIMITED
    • ALS WILL MAKE OFFERS TO ACQUIRE ALL OF ORDINARY SHARES OF HRL IT DOES NOT ALREADY OWN
    • BOARD UNANIMOUSLY RECOMMEND OFFER TO SHAREHOLDERS IN ABSENCE OF A SUPERIOR PROPOSAL
    • OFF-MARKET TAKEOVER OFFER AT A$0.16 CASH PER SHARE
    • ALS OFFERS TO ACQUIRE ALL OF ORDINARY SHARES OF HRL IT DOES NOT ALREADY OWN BY WAY OF AN OFF-MARKET TAKEOVER AT A$0.16 CASH PER SHARE
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