Brief: Best & Less Group Announces Proposed Takeover Offer By BBRC International

Best & Less group

01/05/2023 02:13

May 1 (Reuters) - Best & Less Group Holdings Ltd
 BST.AX :
    * PROPOSED TAKEOVER OFFER FOR BEST & LESS BY AN ENTITY
ASSOCIATED
WITH BBRC INTERNATIONAL
    * BB FAMILY INTERNATIONAL TRUST & RAY ITAOUI INTEND TO MAKE
TAKEOVER OFFER OF ALL SHARES IN BLG FOR A$1.89 PER SHARE
    * BB FAMILY INTERNATIONAL TRUST CURRENTLY HAS RELEVANT
INTEREST IN
ABOUT 16.45% OF BLG SHARES

Source text for Eikon:  ID:nASX2HWWBd 
Further company coverage:  BST.AX 

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