SYM symbio holdings limited
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Nov 1 (Reuters) - Symbio Holdings Ltd (SYM) : AUSSIE BROADBAND...

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    01/11/23
    11:45
    Post #: 70663717

    Nov 1 (Reuters) - Symbio Holdings Ltd (SYM) :

    • AUSSIE BROADBAND ENTERS INTO SCHEME IMPLEMENTATION AGREEMENT TO ACQUIRE SYMBIO
    • SYMBIO BOARD UNANIMOUSLY RECOMMENDS THAT SYMBIO SHAREHOLDERS VOTE IN FAVOUR OF SCHEME
    • ACQUISITION EXPECTED TO BE EPS ACCRETIVE IN FIRST FULL FINANCIAL YEAR AFTER COMPLETION, BEFORE SYNERGIES
    • SCHEME CONSIDERATION OF A$2.26 IN CASH AND 0.192 AUSSIE BROADBAND SHARES FOR EACH SYMBIO SHARE
    • SCHEME CONSIDERATION FOR IMPLIED OFFER VALUE OF A$3.01 PER SYMBIO SHARE
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