Oct 10 (Reuters) - Cimic Group Ltd (CIM)
- Final unconditional offer for ugl by CIMIC
- Intends to make a final1 unconditional2 offer (offer) to acquire shares in UGL
- Offer to acquire shares in ugl that it does not already own pursuant to an off-market takeover at a price of $3.153 per share
- Offer price represents a 47.2% premium to last close price
- offer price is final, and cannot be increased during offer period
- CIMIC considers that offer is attractive to ugl's shareholders
- Offer will be funded using CIMIC's available funds or existing debt facilities
- Received Foreign Investment Review Board approval for offer,Australian Competition and Consumer Commission has pre-assessed proposed transaction
Add to My Watchlist
What is My Watchlist?