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0.00% $6.70 wellcom group limited

July 31 (Reuters) - Wellcom Group Ltd (WLL) : ENTERED INTO A...

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    31/07/19
    20:05
    Post #: 39796273

    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
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