Brief: Pacific Current Group Announces Commencement Of Strategic Review
27/08/2026 02:26
BRIEF-Pacific Current Group Announces Commencement Of Strategic Review Aug 27 (Reuters) - Pacific Current Group Ltd PAC.AX:
COMMENCEMENT OF STRATEGIC REVIEW
RECEIVED A NON-BINDING INDICATIVE PROPOSAL FROM RIVER CAPITAL
PROPOSAL FROM RIVER CAPITAL PROPOSING THAT COMPANY ACQUIRE RIVER CAPITAL
SUSPEND THE ON-MARKET BUY BACK OF PAC’S ORDINARY SHARES WITH IMMEDIATE EFFECT
RIVER CAPITAL PROPOSAL CONTEMPLATES PACIfiC CURRENT ACQUIRING RIVER CAPITAL FOR APPROXIMATELY A$80 MILLION
MADE NO DECISION REGARDING RIVER CAPITAL PROPOSAL, OTHER THAN TO CONSIDER POTENTIAL OPPORTUNITY
RIVER CAPITAL PROPOSED CONSIDERATION OF 6.3 MILLION PACIFIC CURRENT SHARES, IMPLYING VALUE OF A$13.00 PER SHARE
Further company coverage: PAC.AX
((Reuters.Briefs@thomsonreuters.com;))
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