March 9 (Reuters) - Hunter Hall International Ltd (HHL)
- Hunter Hall announces proposed merger with Pengana
- Entered into an agreement to merge its business with Pengana Holdings Pty Ltd
- Estimated back office and occupancy cost savings of $6 million per annum to be realised from fy2018
- Merger will be effected by co acquiring all shares in pengana in return for issuance of 74.1 million hunter shares to Pengana shareholders
- Following merger, hunter hall shareholders to own about 27% and Pengana shareholders to own about 73% of issued equity of hunter hall
- "Board has assessed proposed merger to be superior to current off-market takeover offers for Hunter Hall"
- Russel Pillemer will be ceo of merged business
- Board of hunter hall intends to unanimously recommend that shareholders vote in favour of proposed merger
- Board continues to recommend shareholders reject takeover offers from Washington H. Soul Pattinson And Co and Pinnacle Ethical Investment Holdings
News: SOL Hunter Hall International announces proposed merger with Pengana
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$42.16 |
Change
0.105(0.25%) |
Mkt cap ! $15.51B | |||
| Open | High | Low | Value | Volume |
| $42.05 | $42.19 | $41.80 | $11.09M | 263.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1153 | $42.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $42.16 | 112 | 8 |
View Market Depth
| Last trade - 15.58pm 11/08/2025 (20 minute delay) ? |
| SOL (ASX) Chart |