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News: RFL Rubik announces acquisition proposal from Temenos Group Ag

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    15/02/17
    09:00
    Post #: 22619909

    Feb 15 (Reuters) - Rubik Financial Ltd (RFL)

    • Announcement of acquisition proposal
    • Temenos Group Ag and Rubik Financial Limited have entered into a binding scheme implementation deed
    • Temenos will acquire 100% of Rubik shares via a scheme of arrangement
    • Rubik shareholders to receive $0.1667 cash per share if scheme becomes effective
    • Rubik directors unanimously recommend Rubik shareholders vote in favour of scheme in absence of a superior proposal
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