Walker advice
PA Sydney The directors of F. J. Walker, Ltd, have advised shareholders to keep their options open and not to accept the sAust2l.4 million offer from the Elders IXL subsidiary, Kimpton Minifie McLennan, Ltd. The offer for the Walker meat processing business is 75c a share, well below Walkers net asset backing of 122 c, and one cent below the latest-traded Sydney price yesterday. The directors of Walker said they were evaluating the alternatives, and would give their recommendations to shareholders as soon as possible.
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Press, 29 June 1983, Page 21
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87Walker advice Press, 29 June 1983, Page 21
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