Sept 8 (Reuters) - Asia Pacific Data Centre Group (AJD) :
- Has been in extensive ongoing discussions with 360 Capital Group regarding development of its alternative proposal to acquire APDC securities
- In considering alternative proposal, board informed 360 Capital that it is supportive of it submitting an all-cash, fully-funded takeover offer
- Board is not supportive of a debt funded capital distribution of $0.65 per APDC security
- Informed 360 Capital it does not propose to make capital distribution of $0.65 per APDC security as set out in proposal
- Recommends that APDC securityholders accept NEXTDC offer of $1.87 cash per APDC security, in absence of a superior proposal
- Remains open to 360 Capital to put forward an all-cash, fully-funded takeover bid at price exceeding NEXTDC offer
News: NXT Asia Pacific Data Centre updates on discussions with 360 Capital Group
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Last
$14.34 |
Change
0.090(0.63%) |
Mkt cap ! $9.183B | |||
| Open | High | Low | Value | Volume |
| $14.28 | $14.45 | $14.19 | $30.38M | 2.118M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 184 | $14.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.41 | 36650 | 5 |
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| NXT (ASX) Chart |