Oct 25 (Reuters) - Smartgroup Corporation Ltd (SIQ) :
- UPDATE ON NON-BINDING INDICATIVE PROPOSAL
- CONSORTIUM DOES NOT INTEND TO PROCEED WITH PROPOSAL TO ACQUIRE SMARTGROUP AT A$10.35 PER SHARE
- DISCUSSIONS WITH CONSORTIUM IN RELATION TO PROPOSAL HAVE NOW CEASED
- EXCLUSIVITY PROVISIONS UNDER CONFIDENTIALITY DEED BETWEEN CONSORTIUM AND SMARTGROUP HAVE TERMINATED
- CONSORTIUM EXPRESSED ITS INTEREST TO PROCEED WITH REVISED PROPOSAL AT A REDUCED OFFER PRICE OF A$9.25 PER SHARE IN CASH
- HAS UNANIMOUSLY CONCLUDED NOT TO PROCEED WITH DISCUSSIONS
- ON TRACK TO DELIVER CY21 FINANCIAL PERFORMANCE IN LINE WITH CONSENSUS EXPECTATIONS
Oct 25 (Reuters) - Smartgroup Corporation Ltd (SIQ) : UPDATE ON...
Add to My Watchlist
What is My Watchlist?