Brief: Reliance Worldwide Corporation Says Board Unanimously Recommends Brookfield Deal
Mon 02:45
BRIEF-Reliance Worldwide Corporation Says Board Unanimously Recommends Brookfield Deal Oct 19 (Reuters) - Reliance Worldwide Corporation Limited RWC.AX:
NO-SHOP, NO-TALK, NO-DUE-DILIGENCE RESTRICTIONS NOW APPLY UNDER SID
BROOKFIELD TO BUY RWC FOR US$3.38 CASH PER SHARE
NO ALTERNATIVE PROPOSAL RECEIVED DURING 'GO SHOP' PERIOD
BOARD UNANIMOUSLY RECOMMENDS BROOKFIELD DEAL
DEAL IMPLIES VALUE OF A$4.87 PER RWC SHARE
SCHEME MEETING SCHEDULED FOR EARLY TO MID-DECEMBER 2026
SCHEME IMPLEMENTATION EXPECTED IN LATE DECEMBER 2026
Further company coverage: RWC.AX
((Reuters.Briefs@thomsonreuters.com;))
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