April 14 (Reuters) - Uniti Group Ltd (UWL) : UNITI ENTERS INTO...

April 14 (Reuters) - Uniti Group Ltd (UWL) :

• UNITI ENTERS INTO BINDING SCHEME IMPLEMENTATION DEED
• DEAL FOR CASH CONSIDERATION OF A$5.00 PER UNITI SHARE
• ENTERED SID WITH MORRISON & CO INFRASTRUCTURE PARTNERSHIP, COMMONWEALTH SUPERANNUATION CORPORATION AND BROOKFIELD AUSTRALIA
• CASH PRICE OF A$5.00 PER UNITI SHARE IMPLIES AN EQUITY VALUE, ON A 100% FULLY DILUTED BASIS, OF A$3.62 BILLION
• UNANIMOUSLY RECOMMENDS THAT UNITI SHAREHOLDERS VOTE IN FAVOUR OF SCHEME IN ABSENCE OF A SUPERIOR PROPOSAL
• INTENDS TO PAY A FULLY FRANKED SPECIAL DIVIDEND ON OR BEFORE SCHEME IMPLEMENTATION DATE
• MORRISON & CO INFRASTRUCTURE PARTNERSHIP, COMMONWEALTH SUPERANNUATION, BROOKFIELD AUSTRALIA TO ACQUIRE FOR A$5.00 PER SHARE