Brief: Silk Laser Australia Receives Non-Binding, Indicative Proposal From EC Healthcare

Solara Minerals

23/05/2023 02:11

May 23 (Reuters) - Silk Laser Australia Ltd  SLA.AX :
    * RECEIVED A COMPETING, NON-BINDING AND INDICATIVE PROPOSAL
FROM
EC HEALTHCARE
    * PROPOSAL AT AN INDICATIVE OFFER PRICE OF A$3.35 CASH PER
SHARE
    * SILK BOARD HAS DETERMINED EC PROPOSAL TO BE A SUPERIOR
PROPOSAL
    * EC PROPOSAL ALLOWS FOR PAYMENT BY SILK OF FULLY FRANKED
DIVIDEND
OF UP TO A MAXIMUM OF 10 AU CENTS PER SHARE

Source text for Eikon:  ID:nASX2ThnBM 
Further company coverage:  SLA.AX 

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