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CULP - Cullinan Holdings News Story

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BRIEF-Cullinan Holdings says majority investor considers buyout offer

Fri 22nd September, 2017 4:09pm
Sept 22 (Reuters) - CULLINAN HOLDINGS LTD  CULJ.J : 
    * A SUBSIDIARY OF TRAVEL CORP, WHICH OWNS ABOUT 97 PCT STAKE 
IN CO, CONSIDERING MAKING AN OFFER TO ACQUIRE SHARES IN CO NOT 
HELD BY IT 
    * POTENTIAL OFFER FOR A CONSIDERATION OF 130 CENTS PER 
SHARE, PAYABLE IN CASH 
    * CONSIDERATION IS EQUAL TO HIGHEST PRICE PAID BY ALPINE 
FOR AN ORDINARY SHARE IN COMPANY IN LAST THREE MONTHS 
 
Source text for Eikon:  ID:nJseV0056a  
Further company coverage:  CULJ.J  
 
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