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PFL - Patties Foods News Story

A$1.68 0.0  0.0%

Last Trade -

Sector
Consumer Defensives
Size
Small Cap
Market Cap £131.6m
Enterprise Value £165.4m
Revenue £137.8m
Position in Universe th / 1899

BRIEF-Patties Foods enters scheme implementation deed with Australasian Foods Bidco

Wed 1st June, 2016 11:30pm
June 2 (Reuters) - Patties Foods Ltd  PFL.AX : 
 
 * Patties Foods Limited enters into scheme implementation deed  PFL.AX  
 * Patties has entered into a scheme implementation deed with Australasian Foods Bidco Pty 
 * Deal for $1.65 per share cash offer 
 * Patties directors unanimously recommend shareholders vote in favour of the scheme 
 * Under deed, proposed that bidco will acquire 100% of the share capital of Patties 
 * Says each director of Patties intends to vote all the Patties shares held or controlled by them in favour of the scheme 
 
* Source text for Eikon  ID:nASX6r5LR3  
 
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