July 31 (Reuters) - Wellcom Group Ltd (WLL) :
- ENTERED INTO A SCHEME IMPLEMENTATION DEED (SID) WITH INNOCEAN WORLDWIDE INC
- INNOCEAN WILL ACQUIRE ALL OF ISSUED SHARE CAPITAL OF WELLCOM FOR $6.70 IN CASH PER SHARE
- ACQUISITION EXCEPTS 15% OF WELLCOM SHARES HELD BY AN ENTITY RELATED TO WELLCOM'S CHAIRMAN
- DIRECTORS OF WELLCOM UNANIMOUSLY RECOMMEND THAT WELLCOM SHAREHOLDERS VOTE IN FAVOUR OF SCHEME
