TNK think childcare group
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News: TNK Think Childcare Gets Indicative Takeover Proposal From Alceon Group

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    16/11/20
    10:00
    Post #: 48895649

    Nov 16 (Reuters) - Think Childcare Ltd (TNK) :

    • INDICATIVE PROPOSAL FROM ALCEON GROUP TO ACQUIRE 100% OF TNK
    • INDICATIVE OFFER PRICE OF $1.351 PER SECURITY
    • ALCEON PRIVATE EQUITY INDICATED THAT IT IS WILLING TO OFFER ALL CASH CONSIDERATION OR A COMBINATION OF CASH AND UNLISTED SHARES
    • ENTERED PROCESS DEED WITH ALCEON PRIVATE EQUITY UNDER WHICH IT HAS GRANTED ALCEON A PERIOD OF EXCLUSIVITY UP UNTIL 18 DEC
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