Brief: Selfwealth Gets Non-Binding Indicative Proposal From Svava
Feb 3 (Reuters) - Selfwealth Ltd SWF.AX :
* NON-BINDING INDICATIVE PROPOSAL FROM SVAVA AT A$0.28 PER
SHARE
* SVAVA ACQUIRES 18.8% OF SELFWEALTH SHARES
* SVAVA PROPOSAL VALUES SELFWEALTH AT APPROXIMATELY A$65
MILLION
* CONTINUES TO UNANIMOUSLY RECOMMEND THAT SHAREHOLDERS VOTE
IN
FAVOUR OF BELL OFFER
Further company coverage: SWF.AX
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Selfwealth
See all newsBrief: Selfwealth Enters Into Scheme Implementation Deed With Syfe
Brief: Bell Financial Says Will Not Make A Counterproposal For Selfwealth
Brief: Selfwealth Says Note Announcement By Bell Financial Group
Brief: Selfwealth Says Received Binding Proposal From Svava
Brief: Selfwealth Actively Engaging With Svava In Relation To Its Proposal