Brief: Eureka Group Confirms It Got Proposal From Aspen On 2 March

Eureka group

29/03/2023 10:53

March 29 (Reuters) - Eureka Group Holdings Ltd  EGH.AX :
    * NOTES ARTICLE ON ASPEN GROUP PROPOSAL
    * EUREKA CONFIRMS THAT, ON 2 MARCH RECEIVED UNSOLICITED,
DRAFT,
CONFIDENTIAL, INDICATIVE, CONDITIONAL AND NON-BINDING PROPOSAL
FROM ASPEN
    * PROPOSAL FROM ASPEN WAS FOR AN ALL-SCRIP MERGER ON A RATIO
OF
0.225 ASPEN SECURITIES PER EUREKA SHARE
    * HAD COMMENCED DISCUSSIONS WITH ASPEN WHEN IT WITHDREW ITS
PROPOSAL ON 21 MARCH

Source text for Eikon:  ID:nASX3HJZRg 
Further company coverage:  EGH.AX 

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