TGR tassal group limited
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June 28 (Reuters) - Tassal Group Ltd (TGR) : RECEIPT OF NON...

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    28/06/22
    09:50
    Post #: 62241922

    June 28 (Reuters) - Tassal Group Ltd (TGR) :

    • RECEIPT OF NON BINDING INDICATIVE PROPOSAL
    • CASH CONSIDERATION OF A$4.85 PER TASSAL SHARE
    • GOT A NON-BINDING, INDICATIVE, INCOMPLETE AND CONDITIONAL PROPOSAL FROM COOKE INC
    • COOKE HAS INDICATED THAT IT HAS OBTAINED FOREIGN INVESTMENT REVIEW BOARD APPROVAL
    • BOARD EVALUATED THOSE PROPOSALS AND CHOSE NOT TO ENGAGE IN RELATION TO THEM
    • INDICATIVE PROPOSAL DOES NOT REFLECT FUNDAMENTAL VALUE OF BUSINESS AND IS NOT IN BEST INTERESTS OF SHAREHOLDERS.
    • INDICATIVE PROPOSAL FOLLOWS PREVIOUS INDICATIVE NON-BINDING CONFIDENTIAL PROPOSALS RECEIVED FROM COOKE FOR A$4.67 & A$4.80 PER SHARE
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