KBC keybridge capital limited
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Dec 13 (Reuters) - WAM Active Ltd (WAA) : ANNOUNCES WITHDRAWAL...

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    13/12/19
    21:35
    Post #: 41963959

    Dec 13 (Reuters) - WAM Active Ltd (WAA) :

    • ANNOUNCES WITHDRAWAL OF INTENTION TO MAKE A TAKEOVER BID FOR KEYBRIDGE CAPITAL LIMITED
    • INTENDS TO MAKE OFF-MARKET TAKEOVER BID FOR SHARES IN KBC AT A REDUCED ALL CASH BID PRICE OF 6.5 CENTS PER SHARE
    • ALTHOUGH ENTITLED TO WITHDRAW PROPOSED OFFER IN LIGHT OF KBC'S BREACHES, WAM ACTIVE WAS RETICENT TO DO SO IMMEDIATELY
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