Oct 3 (Reuters) - Webster Ltd (WBA) :
- WEBSTER ENTERS INTO SCHEME IMPLEMENTATION AGREEMENT WITH PSP INVESTMENTS
- PSP BIDCO, TO ACQUIRE ALL ORDINARY SHARES IN WEBSTER THAT IT DOES NOT ALREADY OWN FOR $2.00 IN CASH PER SHARE
- WEBSTER PREFERENCE SHAREHOLDERS TO BE OFFERED $2.00 PER PREFERENCE SHARE VIA A SEPARATE, CONTEMPORANEOUS SCHEME OF ARRANGEMENT
- SCHEME AND PREFERENCE SHARE SCHEME IMPLY A MARKET CAPITALISATION FOR WEBSTER OF APPROXIMATELY $724 MILLION
- PSP BIDCO ALSO INTENDS TO ACQUIRE ALL OF WEBSTER PREFERENCE SHARES FOR $2.00 PER PREFERENCE SHARE VIA A SEPARATE SCHEME
- CO ENTERS INTO A BINDING SCHEME IMPLEMENTATION AGREEMENT WITH PSP BIDCO AND SOOKE INVESTMENTS INC
Source text http//www.asx.com.au/asxpdf/20191003/pdf/449524vwjvp2p2.pdf
