Brief: Pexa Group Notes Smoove Announcement On Early-Stage Discussions For Potential Takeover Offer

Smoove

26/04/2023 02:44

April 26 (Reuters) - PEXA Group Ltd  PXA.AX :
    * NOTES RECENT ANNOUNCEMENT BY SMOOVE CONCERNING EARLY-STAGE
DISCUSSIONS REGARDING A POTENTIAL TAKEOVER OFFER BY PEXA GROUP
FOR SMOOVE
    * PEXA GROUP CONTINUES TO REVIEW APPROPRIATE OPPORTUNITIES
FOR
INORGANIC GROWTH BOTH DOMESTICALLY AND OVERSEAS
    * EARLY-STAGE DISCUSSIONS WITH SMOOVE ARE CONSISTENT WITH
THIS
STRATEGY
    * NO CERTAINTY THAT ANY OFFER WILL BE MADE NOR AS TO TERMS
OF ANY
SUCH OFFER FOR SMOOVE
    * IF AN OFFER IS MADE, HOWEVER, IT WOULD BE LIKELY TO BE
MADE
SOLELY IN CASH

Source text for Eikon:  ID:nASX2GMNLr 
Further company coverage:  PXA.AX 

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