Aug 12 (Reuters) - Nine Entertainment Co Holdings Ltd (NEC) :
- ANNOUNCES A $1.46 PER SHARE ALL-CASH OFF-MARKET TAKEOVER OFFER (OFFER) TO ACQUIRE ALL OF OUTSTANDING SHARES IN MACQUARIE MEDIA
- BRINGING TWO BUSINESSES TOGETHER WILL REALISE FURTHER ANNUALISED SYNERGIES OF MORE THAN $10 MILLION
- ACQUISITION WILL BE 100% FINANCED FROM CASH RESERVES AND EXISTING DEBT FACILITIES
- OFFER EQUATES TO ENTERPRISE VALUE OF $275.4 MILLION, INCLUSIVE OF MRN'S 30 JUNE NET DEBT OF $22 MILLION, PAYMENT OF AUGUST DIVIDEND
- OFFER THROUGH UNIT FAIRFAX MEDIA LTD
News: NEC Nine Entertainment Announces Offer To Acquire Macquarie Media
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Last
$1.70 |
Change
0.010(0.59%) |
Mkt cap ! $2.695B | |||
| Open | High | Low | Value | Volume |
| $1.69 | $1.71 | $1.67 | $22.50M | 13.31M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 62623 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.70 | 57345 | 2 |
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| NEC (ASX) Chart |