FFM 2.61% 78.5¢ firefly metals ltd

takeover

  1. 424 Posts.
    You guys aware of this?

    Source: http://www.newswire.ca/en/story/1301831/aurora-enters-into-agreement-for-proposed-acquisition-by-baytex-for-a-4-10-cash-per-share

    Aurora enters into agreement for proposed acquisition by Baytex for A$4.10 cash per share
    TSX and NYSE listed Baytex proposes to acquire 100% of Aurora via a Scheme of Arrangement ('Scheme')

    Scheme price of A$4.10 cash per Aurora share ('Scheme Consideration'), implying a market capitalisation of A$1,840 million

    The Scheme Consideration represents a 52% premium to Aurora's one-week VWAP to 6 February 2014, being the last trading day before execution of the Scheme Implementation Deed, and a 46% premium to Aurora's one-month VWAP

    Aurora Directors unanimously recommend Aurora shareholders vote in favour of the Scheme, and intend to vote all shares that they control in favour of the Scheme, in the absence of a Superior Proposal and subject to an Independent Expert concluding that the Scheme is in the best interests of shareholders

    The Scheme is subject to customary conditions
    PERTH, Western Australia, Feb. 6, 2014 /CNW/ - The Directors of Aurora Oil & Gas Limited (ASX: AUT) (TSX: AEF) ('Aurora') are pleased to announce that Aurora has today entered into a Scheme Implementation Deed ('SID') with Baytex Energy Corp. ('Baytex'). If the Scheme is implemented, Baytex will, via a wholly owned subsidiary, acquire 100% of Aurora for A$4.10 cash per share ('Scheme Consideration'). Implementation of the Scheme is subject to the satisfaction of a number of customary conditions.
 
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78.5¢
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77.5¢ 79.0¢ 77.0¢ $1.075M 1.382M

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Price($) Vol. No.
78.5¢ 50136 1
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
78.0¢
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77.0¢ 78.5¢ 77.0¢ 364388
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