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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: GlobalData
Provider: GlobalData

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offer by Steinhoff International Holdings Limited to acquire up to 98 pct of JD Group Ltd

Wednesday, 19 Mar 2014 02:35am EDT 

JD Group Ltd:Refers to the announcement made by Steinhoff International Holdings Limited on March 18, regarding the offer by Steinhoff to acquire up to 98 pct of the issued ordinary shares in JD Group.Says Steinhoff currently owns 56.8 pct of the issued JD Group Shares (excluding treasury shares).Consideration payable by Steinhoff will be settled by the issue to JD Group shareholders accepting the tender offer of one listed ordinary share in Steinhoff, for every 1.9 JD Group Shares in respect of which the tender offer has been accepted.Tender Offer will open for acceptance from March 19and the closing date of the Tender Offer will be announced on SENS in due course. 

Company Quote

125.0 +4.72%
21 Nov 2014