Brief: Fruchtexpress Grabher To Make All-Cash Take-Over Bid Directly To Shareholders Of Commander Resources
04/03/2024 17:10
March 4 (Reuters) - FRUCHTEXPRESS GRABHER GMBH:
* FRUCHTEXPRESS GRABHER TO MAKE ALL-CASH TAKE-OVER BID
DIRECTLY TO
SHAREHOLDERS OF COMMANDER RESOURCES LTD.
* FRUCHTEXPRESS GRABHER GMBH & CO KG: PROPOSED DEAL FOR CASH
CONSIDERATION OF C$0.09 PER COMMON SHARE
* FRUCHTEXPRESS GRABHER GMBH & CO KG: DECISION IN FAVOUR OF
THE
TAKEOVER BID WAS TAKEN UNANIMOUSLY BY FEX BOARD OF DIRECTORS
* FRUCHTEXPRESS GRABHER GMBH & CO: FEX HAS FINANCIAL
RESOURCES
NECESSARY TO SATISFY OFFER IN FULL WITH CASH ON HAND, DOES NOT
REQUIRE EXTERNAL FINANCING
Source text for Eikon: ID:nGNXbWQrZJ
Further company coverage: CMD.V
((Reuters.Briefs@thomsonreuters.com;))