NAM namoi cotton limited
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News: NAM Namoi Cotton Announces Olam Intention To Make Off-Market Takeover Offer

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    02/05/24
    11:45
    Post #: 73627263

    May 2 (Reuters) - Namoi Cotton Ltd (NAM) :

    • OLAM INTENTION TO MAKE AN OFF-MARKET TAKEOVER OFFER AT UP TO A$0.70 PER SHARE
    • INDEPENDENT DIRECTORS WILL CONSIDER PROPOSED TAKEOVER OFFER AND PROVIDE RECOMMENDATION TO NAMOI SHAREHOLDERS IN DUE COURSE
    • NOTES ANNOUNCEMENT BY OLAM AGRI INTENTION TO MAKE OFF-MARKET TAKEOVER FOR ALL OF ISSUED SHARES IN NAMOI
    • UNDER PROPOSED TAKEOVER OFFER, NAMOI SHAREHOLDERS WOULD RECEIVE A TOTAL CASH CONSIDERATION OF A$0.66 PER NAMOI SHARE

    (([email protected];))

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