NAM namoi cotton limited
Add to My Watchlist 0.00% ! 77.3¢

News: NAM Namoi Cotton Says LDC Increases Proposed Off-Market Takeover Offer To A$0.67 Per Share

  1. Hot News
    193,698 Posts.
    lightbulb Created with Sketch. 2825
    clock Created with Sketch.
    07/05/24
    11:30
    Post #: 73701258

    May 7 (Reuters) - Namoi Cotton Ltd (NAM) :

    • LDC INCREASES PROPOSED OFF-MARKET TAKEOVER OFFER FROM A$0.60 TO A$0.67 PER SHARE
    • LDC TAKEOVER OFFER IS SUBJECT TO CONDITIONS OF A 50.1% MINIMUM ACCEPTANCE CONDITION, OTHERS
    • LDC PROPOSES TO INCREASE CASH CONSIDERATION A$0.67 PER SHARE FOR REMAINING ABOUT 83% OF ISSUED SHARES IN NAMOI IT DOES NOT OWN
    • INDEPENDENT DIRECTORS CONSIDERING OFFERS FROM LDC AND OLAM AND WILL PROVIDE RECOMMENDATION TO SHAREHOLDERS IN DUE COURSE

    (([email protected];))

    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS What the hell is wrong with ASX Ltd? The hits keep coming, and now CBOE looms
right-arrow Created with Sketch.
NEWS RBA's inflation trick: Is the number lying to us?
right-arrow Created with Sketch.
NEWS The 10 hot stocks HotCopper users watchlisted in Week 32
right-arrow Created with Sketch.
NEWS Expert Exchange: Laretive's 4 key strategies to picking ASX winners
right-arrow Created with Sketch.
NEWS Win a $12k Portfolio | 7%-10.25% low risk rental yield from a proven asset
right-arrow Created with Sketch.
NEWS DroneShield's civilian counter-drone tech lands with a buzz
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.