Brief: Silver Chef Gets Conditional Proposal From Next Capital To Buy Co's Hospitality Business

Siv Capital

11/09/2019 02:16

Sept 11 (Reuters) - Silver Chef Ltd  SIV.AX :
    * RECEIVED CONDITIONAL PROPOSAL FROM NEXT CAPITAL PTY LTD
(NEXT
CAPITAL) TO ACQUIRE SILVER CHEF'S HOSPITALITY BUSINESS
    * NEXT PROPOSAL CONTAINS SOME COMPLEXITY THAT BOARD OF
SILVER CHEF
WILL NEED TO CONSIDER AND PROPERLY EVALUATE
    * SILVER CHEF SAYS CONDITIONAL PROPOSAL FROM NEXT CAPITAL TO
BUY
CO'S HOSPITALITY BUSINESS BY ACQUIRING CERTAIN OPERATING
SUBSIDIARIES OF SILVER CHEF

Source text for Eikon:  ID:nASX114tDc 
Further company coverage:  SIV.AX 

 ((Reuters.Briefs@thomsonreuters.com;))