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May 20 (Reuters) - Woolworths Group Ltd (WOW) : PROPOSAL TO...

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    20/05/22
    11:25
    Post #: 61520845

    May 20 (Reuters) - Woolworths Group Ltd (WOW) :

    • PROPOSAL TO ACQUIRE 80% OF MYDEAL.COM.AU
    • DEAL FOR CASH CONSIDERATION OF A$1.05 PER SHARE
    • OFFER PRICE IMPLIES AN ENTERPRISE VALUE OF A$243 MILLION
    • EACH MYDEAL DIRECTOR INTENDS TO VOTE IN FAVOUR OF TRANSACTION
    • MYDEAL SHAREHOLDERS GANDEL INVEST TOGETHER OR CONTROLLING 28.6% OF MYDEAL SHARES, ADVISED THEY INTEND TO VOTE IN FAVOUR OF TRANSACTION
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