Acmex offers 18c cash
(N.Z.P.A.Reuter—Copyright) SYDNEY.
Acmex Holding.!, Ltd, intends to offer 18c cash a share for all the issued shares in Acmin Exploration, Ltd, which it does not already own.
The board’s of both companies are identical, and the directors believe that it is in the best interests of shareholders of both companies that Acmex acquire all the issued shares of Acmin. The offer is conditional upon at least 90 per cent acceptances being received. An opinion on the adequacy of the intended offer has been obtained from the accountants and auditors of both companies, the Idi rector.; say.
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Bibliographic details
Press, Volume CXV, Issue 33741, 14 January 1975, Page 16
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100Acmex offers 18c cash Press, Volume CXV, Issue 33741, 14 January 1975, Page 16
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