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Dec 17 (Reuters) - WPP Aunz Ltd (WPP) : RECEIVED REVISED...

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    17/12/20
    12:20
    Post #: 49649410

    Dec 17 (Reuters) - WPP Aunz Ltd (WPP) :

    • RECEIVED REVISED PROPOSAL FROM WPP PLC TO ACQUIRE ALL OF ORDINARY SHARES IN WPP AUNZ THAT IT DOES NOT ALREADY OWN
    • REVISED PROPOSAL OF A$0.70 PER SHARE VALUES WPP AUNZ AT AN IMPLIED ENTERPRISE VALUE OF A$717 MILLION
    • WPP PLC AGREED TO CO DECLARING AND PAYING TOTAL ORDINARY AND SPECIAL DIVIDENDS OF UP TO A$0.15 PER SHARE PRIOR TO COMPLETION
    • BOARD EXPECTS TO RETURN TO PAYING DIVIDENDS IN 2021 YEAR
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