Brief: Hansen Technologies Updates On BGH Capital Acquisition Proposal
26/08/2021 02:32
Aug 26 (Reuters) - Hansen Technologies Ltd HSN.AX :
* HANSEN TECHNOLOGIES LTD - UPDATE ON BGH CAPITAL ACQUISITION
PROPOSAL-HSN.AX
* HANSEN TECHNOLOGIES LTD - BGH CAPITAL HAS ADVISED HANSEN THAT IT REQUIRES
FURTHER TIME TO COMPLETE ITS DUE DILIGENCE
* HANSEN TECHNOLOGIES - AGREED TO EXTEND EXCLUSIVITY PERIOD UNDER PROCESS
AND
EXCLUSIVITY DEED AND CLAUSE 6.8 OF THAT DEED WILL NO LONGER APPLY
* HANSEN TECHNOLOGIES- BGH CAPITAL CONFIRMED THAT IT REMAINS WILLING TO
PROCEED
WITH TRANSACTION SUBSTANTIALLY ON TERMS OF ITS ORIGINAL PROPOSAL
Source text for Eikon: ID:nASX3pPrGz
Further company coverage: HSN.AX
((Reuters.Briefs@thomsonreuters.com;))
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