Dec 19 (Reuters) - ARN Media Ltd (A1N) :
- UPDATE ON NON-BINDING INDICATIVE PROPOSAL TO ACQUIRE SCA
- UNDER THE INDICATIVE PROPOSAL, SCA SHAREHOLDERS WOULD RECEIVE 0.753 ARN SHARES AND 29.6 AU CENTS CASH PER SCA SHARE
- CONSORTIUM RECONFIRMED INDICATIVE PROPOSAL TO SCA BOARD OF DIRECTORS AND GRANTED A FURTHER PERIOD OF DUE DILIGENCE ENGAGEMENT
- CONSORTIUM REMAINS CONFIDENT THAT INDICATIVE PROPOSAL REPRESENTS COMPELLING VALUE PROPOSITION FOR BOTH ARN AND SCA SHAREHOLDERS
- CONSORTIUM OPEN TO WORKING WITH SCA TO STRUCTURE PART OF CASH COMPONENT OF CONSIDERATION AS PRE-COMPLETION FULLY FRANKED SPECIAL DIVIDEND
(([email protected];))
Dec 19 (Reuters) - ARN Media Ltd (A1N) : UPDATE ON NON-BINDING...
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