Brief: Domino Printing says Japan's Brother Industries makes 1 bln stg offer for co
11/03/2015 07:01
March 11 (Reuters) - Domino Printing Sciences Plc DOPR.L :
* Recommended offer for Domino Printing Sciences Plc
* Reached pact on cash offer in which Brother will acquire
entire issued and to be issued ordinary share capital of Domino
* Shareholders will be entitled to receive a total of 915
pence in cash for each Domino share held
* Offer values entire issued ordinary share capital of
Domino at approximately £1,031 million
* Co shareholders will also receive proposed final dividend
for year ended 31 October 2014 of 14.76p per share
* A premium of approximately 42.6 per cent to volume
weighted average price per Domino share of 641.7 pence during
six month period to 10 March
* As part of offer, a loan note alternative will be
available to domino shareholders
* Loan note alternative will enable eligible co shareholders
to elect to get loan notes in lieu of part or all of cash
consideration
Source text for Eikon: ID:nRSK1219Ha
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