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ASB — Austal News Story

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Brief: Austal Gets NBIO From Wildcat For Austal USA

BRIEF-Austal Gets NBIO From Wildcat For Austal USA

- Austal Ltd ASB.AX:

  • AUSTAL LTD-AUSTAL NBIO FROM WILDCAT FOR AUSTAL USA

  • PROPOSED ENTERPRISE VALUE US$1.25–1.35 BILLION CASH FREE, DEBT FREE, CONDITIONAL ON DUE DILIGENCE

  • INDICATION OF INTEREST PROPOSES AN AGGREGATE ENTERPRISE VALUE OF US$1.25-1.35 BILLION ON A CASH FREE, DEBT FREE BASIS

  • WILDCAT INTENDS TO OPERATE AUSTAL USA AS STANDALONE PLATFORM RETAINING BRAND AND US OPERATIONS

  • BOARD AND ADVISERS TO CONSIDER DEAL PROPOSED BY WILDCAT


Further company coverage: ASB.AX


((Reuters.Briefs@thomsonreuters.com;))

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