RDH redhill education limited
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News: RDH Icollege Announces Off-Market Takeover Offer For Redhill Education

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    22/02/21
    12:30
    Post #: 51211861

    Feb 22 (Reuters) - iCollege Ltd (ICT) :

    • ICOLLEGE LTD - ICOLLEGE OFF-MARKET TAKEOVER OFFER FOR REDHILL EDUCATION,RDH-ICT.AX
    • ICOLLEGE LTD - OFFER VALUES REDHILL AT $50.3 MILLION
    • ICOLLEGE LTD - PROPOSES TO OFFER 6 FULLY PAID ORDINARY SHARES IN ICOLLEGE FOR EVERY 1 FULLY PAID ORDINARY SHARE IN REDHILL
    • ICOLLEGE - EXPECTS ACQUISITION OF REDHILL TO BE EARNINGS ACCRETIVE, AFTER REALISATION OF COST AND REVENUE SYNERGIES
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