Brief: Challenger Board Concluded TDA Offer Not At A Level It Could Recommend To Shareholders
Mon 01:53
BRIEF-Challenger Board Concluded TDA Offer Not At A Level It Could Recommend To Shareholders Oct 26 (Reuters) - Challenger Limited CGF.AX:
BOARD HAS CONCLUDED OFFER IS NOT AT A LEVEL IT COULD RECOMMEND TO SHAREHOLDERS.
BOARD INTENDS TO ENGAGE WITH TDA TO SEE WHETHER A PROPOSAL CAN BE REACHED THAT BOARD COULD RECOMMEND
NO CERTAINTY THAT PROPOSAL WILL RESULT IN A BINDING OFFER OR THAT ANY TRANSACTION WILL EVENTUATE
BOARD HAS CONCLUDED TAL DAIICHI LIFE AUSTRALIA OFFER IS NOT AT A LEVEL IT COULD RECOMMEND TO SHAREHOLDERS
Further company coverage: CGF.AX
((Reuters.Briefs@thomsonreuters.com;))
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