Brief: Regal Partners Says Confirmed Non-Binding Indicative Proposal To Acquire Pacific Current
July 26 (Reuters) - Regal Partners Ltd RPL.AX :
* CONFIRMS NON-BINDING INDICATIVE PROPOSAL TO ACQUIRE
PACIFIC
CURRENT AT AN IMPLIED VALUE OF A$10.77 PER SHARE
* NOTES ANNOUNCEMENT MADE BY PACIFIC CURRENT GROUP IN
RELATION TO
A PROPOSAL FROM REGAL TO ACQUIRE PACIFIC CURRENT
* REGAL HAS ALSO ENTERED INTO A CO-OPERATION AGREEMENT WITH
RIVER
CAPITAL PTY
* REGAL & RIVER CAPITAL HAVE AGREED TO CO-OPERATE IN
PURSUING
FUNDING SUPPORT FOR PROPOSAL
Source text for Eikon: ID:nASXbstyQ4
Further company coverage: PAC.AX
((Reuters.Briefs@thomsonreuters.com;))
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