Brief: Austal Gets NBIO From Wildcat For Austal USA
BRIEF-Austal Gets NBIO From Wildcat For Austal USA Sept 9 (Reuters) - 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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