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News: SIV Silver Chef Gets Conditional Proposal From Next Capital To Buy Co's Hospitality Business

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    11/09/19
    11:20
    Post #: 40379514

    Sept 11 (Reuters) - Silver Chef Ltd (SIV) :

    • RECEIVED CONDITIONAL PROPOSAL FROM NEXT CAPITAL PTY LTD (NEXT CAPITAL) TO ACQUIRE SILVER CHEF'S HOSPITALITY BUSINESS
    • NEXT PROPOSAL CONTAINS SOME COMPLEXITY THAT BOARD OF SILVER CHEF WILL NEED TO CONSIDER AND PROPERLY EVALUATE
    • SILVER CHEF SAYS CONDITIONAL PROPOSAL FROM NEXT CAPITAL TO BUY CO'S HOSPITALITY BUSINESS BY ACQUIRING CERTAIN OPERATING SUBSIDIARIES OF SILVER CHEF
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