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News: MTM Mareterram Gets Proposed Takeover Offer From Sea Harvest Group

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    05/02/19
    09:35
    Post #: 37330679

    Feb 5 (Reuters) - Mareterram Ltd (MTM) :

    • PROPOSED TAKEOVER OFFER FOR MARETERRAM LIMITED BY SEA HARVEST GROUP LIMITED
    • PROPOSES TO MAKE AN ALL CASH TAKEOVER OFFER FOR MARETERRAM AT $0.25 PER SHARE
    • DIRECTORS NOT AFFILIATED WITH SEA HARVEST UNANIMOUSLY RECOMMEND SHAREHOLDERS ACCEPT OFFER IN ABSENCE OF A SUPERIOR PROPOSAL
    • BOARD HAS ESTABLISHED AN INDEPENDENT BOARD COMMITTEE TO, AMONG OTHER THINGS, REVIEW, CONSIDER AND EVALUATE TERMS OF OFFER

    Source text: http://bit.ly/2Gbhozf

    (([email protected];))

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