Centuria Receives Acceptances Of Its Full Takeover Offer

  • Jul 28, 2020 NZST
  • Team Kalkine
Centuria Receives Acceptances Of Its Full Takeover Offer

Centuria New Zealand Holdings Limited has received acceptances in respect of its full takeover offer which brings its ownership of Augusta Capital Limited (NZX:AUG) to more than 75%. On 13 July 2020, the Independent Directors released a Target Company Statement in response to the Offer.

All of the significant institutional shareholders have accepted the Offer and, given the level of acceptances and the Offer being unconditional, no alternative proposal is likely.

 


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