Brief: Industrials REIT Says Agreed Terms Of Recommended Cash Acquisition Of Industrials By Bidco

Industrials REIT

14/04/2023 07:30

April 14 (Reuters) - Industrials REIT Ltd  MLII.L :
    * RECOMMENDED FINAL CASH OFFER FOR INDUSTRIALS REIT
    * AGREED TERMS OF A RECOMMENDED CASH ACQUISITION OF ENTIRE
ISSUED
AND TO BE ISSUED ORDINARY SHARE CAPITAL OF INDUSTRIALS BY BIDCO
    * ACQUISITION IS INTENDED TO BE EFFECTED BY MEANS OF A
COURT-SANCTIONED SCHEME OF ARRANGEMENT
    * ACQUISITION VALUES ENTIRE ISSUED AND TO BE ISSUED ORDINARY
SHARE
CAPITAL OF INDUSTRIALS AT ABOUT £511,196,472
    * FINANCIAL TERMS OF ACQUISITION ARE FINAL AND WILL NOT BE
INCREASED

Source text for Eikon:  ID:nRSN1924Wa 
Further company coverage:  MLII.L 

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